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14ย Bedrooms
7ย Bathrooms
1ย Parking
4,997sqmย Land area SQM

Residential Investment


7x two bedroom units fully tenanted in an excellent location close to town centre. Situated on a 4997m2 flat section with room for further development, this property has endless options given it's size and location. The owners had a feasibility study done and one of the options was to add another five units to the property.

With the new supermarket to be built adjacent to this property and the Thames Coromandel District Council working on plans for a major wharf development in the town. With holidaymakers and tourism increasing every year the signs for the town are positive. We also have a motivated and realistic vendor with an asking price below current valuation.

New to the market - call me today.

$999,000


Asking Price NZ$999,000
Glenn Tanner

Glenn Tanner


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

Features

Price


$999,000 (RV $1,060,000)

Size


4997m2 land with development potential for more units

Tenants


Fully tenanted

Units


7x residential two bedroom units