Listing Description
Opportunity To Add Value
49A & B Hynds Rd, Greerton, Tauranga, Bay Of Plenty
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $391,000 |
| Agency reference | ETL1043 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=5470372&sellerId=0 |
Description
This is a prime opportunity for an astute investor to secure two dwellings on a 776sqm (approx) section currently yielding an excellent investment return. The first dwelling is a 1930's three bedroom, one bathroom, weatherboard bungalow with a carport. The second dwelling is a 1980's fibre cement home with three bedrooms, one bathroom and carport. Maintenance, repairs and a lot of TLC is required on this home, however, a great opportunity for someone with vision and time. Under the current arrangement there is a combined rental income of $680 per week. Furthermore, the site has the potential to meet minimum allotment size required for subdivision. This is a fantastic investment opportunity in a central location. The property offers a multitude of possibilities and should be placed on your must see list.
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Property Files
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Local Schools
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