Legal description NA77D/812 Freehold Tenure, North facing corner site of Trafalgar Street and Onehunga Mall.
This building has been completely renovated. New Roof, Bathrooms, Kitchens, New Appliances. Repainted Inside and Outside and Completely Rewired Throughout. All the hard work has been done.
The Building is Fully Tenanted;
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3 Studio Apartments $56,420
1bedrm Apartment $20,280
2x2 bedrm Apartment $52,000
4 bedroom Apartment $27,560
Corner shop, 5 yr lease $30,000
Rates - $10,095
Insurance Estimated. -$ 6,000
Passing income p/a $170,000 net
Excluding GST
Suitable for family trust long term investment with a multi low risk income stream.
Seismic performance rating C, 34% 'not earthquake -prone' within the meaning of the building act 2004.
Nigel Tyre 021917230 - 6242711
nigel.tyre@bayleys.co.nz
www.nigeltyre.com
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