Welcome to 8 Esk Street, Waitoa, where an exceptional real estate opportunity awaits. This property features six two-bedroom units, each offering comfortable living spaces. Each unit has a separate lounge, kitchen dining area, bathroom and separate laundry.
Five of the units are currently occupied by long-term tenants, offering stability and reliable rental income. With a strong rental history, this property presents a lucrative investment opportunity. The sixth unit has undergone a stunning makeover, including new carpet and lino, fresh paint throughout, upgraded kitchen cabinetry, and a modern bathroom fit-out. Additionally, double glazing has been installed, ensuring enhanced comfort and energy efficiency.
Each unit is equipped with a wood fire, providing warmth and ambiance during the colder months. This feature adds to the attractiveness of the property, particularly in the winter season. The property boasts low maintenance requirements, allowing for hassle-free ownership. With plaster over concrete block cladding and concrete tile roofing, durability and longevity are assured. The tenants each have use of garden shed and clothesline, catering to practical needs and enhancing the overall convenience.
Situated centrally between Morrinsville and Te Aroha, Waitoa is surrounded by factories such as Fonterra, Tatua, Inghams and Silver Fern Farms to name a few. This strategic positioning adds value to the property and attracts potential tenants.
Don't miss out on this fantastic rental investment opportunity in Waitoa. Whether you're a seasoned investor or a first-time buyer, 8 Esk Street presents a chance to secure a profitable and sustainable income stream. Contact us today to arrange a viewing and take the next step towards expanding your real estate portfolio.