On offer here are 3x2 bedroom flats and 1x1 bedroom flat.
Perfectly situated in the sought after suburb of Whataupoko and just a short walk from the Ballance Street shops and Central School, the location of this property will appeal to a range of buyers.
Investors will be attracted by the current returns with the potential to add value. The units are constructed with low maintenance materials, insulated and are presently fully tenanted.
Astute buyers will also realise the potential to live in one of the flats and rent out the balance - providing a steady income.
The flats are generally in good condition, with some new carpets. There is however, the opportunity to renovate and add value.
These flats have been in the same ownership for over 40 years, providing a secure investment with sound returns for the owners.
Auction: 1.00pm Friday 8 March 2019 (unless sold prior)
10 Reads Quay, Gisborne