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Rotorua Central

18 Victoria Street, Victoria, Rotorua Central, Rotorua

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398sqm Floor area
607sqm Land area SQM

Auction

Investors - Circle this one


- One car park per unit, unit four has a tandem carport\n- In close proximity to supermarkets, Fenton St and opposite the Rotorua Mall\n- Built circa 1960s\nStanding 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.\nCall Bayleys for more information.

Auction

Motion Entertainment Centre, 346 Te Ngae Rd, Rotorua

26

Jun

Time1pm
Calander
Calendar
Mark Slade

Mark Slade


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Brei King

Brei King


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Features


Three two bedroom units and one four bedroom unit

Land area


607sqm more or less freehold land

Return


Currently returning $48,100 per annum gross