109 Hine Street, New Plymouth, New Plymouth

Savvy rental investment

Opportunity awaits with this superb block of rental flats located just minutes walk from New Plymouths famed coastal walkway.
The tidily presented low maintenance and well-constructed block features a generous two bedroom flat and two smaller one-bedroom flats.
Each flat is on its own cross lease title, giving a new owner more options in the future. Recently an old home at the rear of the site was demolished and a brand new home is in planning, reflecting the trend of high quality residential development taking place in this locality.
This sought after part of New Plymouth continues to grow in popularity. It is handy to the CBD, has a selection of good local schools and leisure activities nearby, including Kawaroa Park and the Todd energy Aquatic Centre.
Current rental income is $740 per week, giving you a much healthier yield than bank deposit rates, making this unmissable viewing for an astute investor.
Investment opportunities like this do not come up very often, so make sure you are in the running to secure The Block!

To be auctioned on Friday 8th November 2019 at 1pm (unless sold prior)