Investors - Circle this one


18 Victoria Street, Victoria, Rotorua

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Investors - Circle this one | 18 Victoria Street, Victoria, Rotorua | 2304151 |      X Close
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Investors - Circle this one


- One car park per unit, unit four has a tandem carport

- In close proximity to supermarkets, Fenton St and opposite the Rotorua Mall

- Built circa 1960s

Standing proudly on this tidy, well-kept 607sqm more or less freehold site, are these two storey units, totalling 398sqm more or less. Constructed in the 1960s of concrete block and brick with steel roofing, the building houses four units - three two bedroom units and one four bedroom unit. The currently rented units are all two bedroom with open plan kitchen and living downstairs, upstairs comprises a full bathroom and two double bedrooms. Unit 4 has been used by the owner, the ground floor layout is open plan living and kitchen, separate laundry and w/c and a fourth bedroom with three double bedrooms and a full bathroom upstairs. Storage space is ample in all units and tenants have the ease of off street parking (one per unit) - although with the location being so close to town, bus stop and amenities the car park may not need to be used! A tandem carport plus storage sheds have been used by the owner occupier in unit 4 and the property is fully fenced. All three tenancies are on a periodic agreement and are returning $48,100 per annum gross and is being sold with unit 4 as vacant. All tenants are on a periodic tenancy, the three tenanted units return a total of $925 per week gross.

Call Bayleys for more information.

18 Victoria Street, Victoria, Rotorua

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