Solid Investment Opportunity!

Looking for a solid investment opportunity in Kaitaia with two separate income producing units?

This property offers two x two-bedroom units, making it an appealing option for investors, extended families, or buyers looking to live in one while generating income from the other.

Each unit features two bedrooms, comfortable living spaces, and its own dedicated laundry and storage room, practical features that add to the independence and functionality of each home.

Both units are fully insulated, and each unit has an aircon/heat pump providing an important level of comfort for tenants and helping with energy efficiency.

The property underwent extensive roof repairs and remediation work approximately two years ago. While the roof is an older iron product, it remains sturdy following the completion of this work.

And here's where the numbers become particularly interesting. The property currently provides a gross rental return of $46,800 per annum. That equates to $900 per week in gross rental income across the two units.

That's an income producing property worth serious consideration for investors looking to add to their portfolio.

Both units are Healthy Homes compliant. Just in need of some cosmetic touch ups.

Each unit has its own certificate of title (cross lease), both units to be sold together.

Located on Bank Street in Kaitaia, you're conveniently positioned close to local shops, schools, Kaitaia hospital and everything the town has to offer.

Contact Lee Dickens - viewings strictly by appointment only.