202 Hampden Street, Hokitika, Westland
price TBC
6
2
High yield investment opportunity
Two flats under the one roof - both with three bedrooms. One is currently rented for $250pw and the other is vacant for sale purposes only (a rental appraisal has been assessed between $280-$310pw). Either maximise the rental potential with both flats tenanted and enjoy a yield close to 10% (demand for rentals in Hokitika is high) or move into the vacant flat and get an income off the other. The current owner has had an excellent rental return for the last 14 years but has decided now is a good time to move on. Rates are currently $2,809 per annum. Offers above $276,000.
Chattels
202 Hampden Street, Hokitika, Westland
Web ID
HKU81219
Floor area
170m2
Land area
574m2
District rates
$2,603 pa
Regional rates
$206pa
LV
$74,000
RV
$225,000