Situated on the fringes of the CBD only a few hundred meters away from Rotorua's Central Mall, it will be hard to beat this property's location. Well maintained by the current owner. This block of units sits on an 885sqm freehold site in a popular area close to the CBD.
The current configuration is as follows:
1 x 3 bedroom, 2 bathroom dwelling
1 x 2 bedroom unit
3 x 1 bedroom units
4 x self-contained bedsits/studios with separate kitchen and bathroom
The combined income is $1620 per week with a total potential return of $1980 per week based on current rental assessments with the possibility to increase this through further improvements.
An Information Memorandum is available on request.
Don't delay as well-maintained properties like this are in high demand.