INVESTORS! CENTRAL MONEY-MAKER - APX 7.4% YIELD

1/114 Otaika Road, Raumanga

3
1
5
130m2
House
Sold

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3
1
5
130m2
House

Situated on a securely fenced corner site, this property offers a single garage (with internal access) fantastic storage (or sleepout) plus off-street parking for four vehicles.

The home is on two levels and exudes a city apartment-like vibe. The ground level flaunts an open plan design with modern kitchen comprising oven, hob, rangehood and dishwasher and flows to light-filled dining-living spaces that capture the morning sun – the laundry and wc are handy to these areas. There is a heat pump / air conditioner to provide comfort in all seasons.

Upstairs there is a single bedroom and two doubles, one of which opens to a small North-facing balcony enjoying expansive views, with the adjoining bathroom complete with bath, separate shower, vanity and second toilet.

Walk to the central city in 20 mins, NorthTec in 10, cafe, park and local shopping centre just a 3 minute stroll away.

A fantastic investment as it would appeal to many individuals as well as families. A current market appraisal suggests a weekly rent of $550 – $570 can be achieved. Alternatively, if wanting to get into your first home, this property is sure to tick plenty of boxes and at this price you best be very quick – vacant possession!

Rental appraisal can be provided by request.

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