On a huge 868sqm section and located at the front of the lot this solid 90sqm three bedroom home has been a long term rental and is currently rented for $120p.w. The owners have done work to it including a rear deck and internal improvements. With a little bit of love and care this high return property could be rented for $150p.w. Currently returning about 7.5% with improvements it would achieve not only capital returns but a higher yield. Kawerau was voted N.Z. premium retirement town and the Government is committed to making that happen. With a new $19mil college, new Govt Medical Centre, recent private investment in the town including a New World Super market, new caf and extensive infrastructure spending. Kawerau Council is committed to significantly improving the town offering a range of free services to retires and beneficiaries including access to the thermal pools, library and actively promotes community organisations. The town now hosts the National Wood Chopping Championships, is now on the international kayak circuit and hosts many other significant events. An investment matrix is available on request. Finance is available to approved buyers. Habitat Real Estate has multi staffed offices in Kawerau. Our selling fee is significantly lower than most agencies and we offer free trademe, realestate.co.nz listings as well as professional styled photography, 3D sign boards and actively work with out of area investors. List with us now and be in the March 2016 draw to win your commission back. Terms and conditions contained within the listing authority.