Looking for a unique investment property in a strong Waikato community - this is it. Good rental history producing up to $40,560 gross income per year, or an 8.9% yield. Spread over 911m2, the four tenantable units comprise two single level block style dwellings each with two bedrooms and car port, and a character home at the front of the property divided into two units - each with two bedrooms and off street parking. The market in Morrinsville is strong for rental units with no shortage of tenants looking to rent. Surrounded by a strong quality agriculture industry supporting three factories, a good industrial base and provincial service businesses, Morrinsville is punching above its weight economically. Here is a genuine opportunity to increase the profitability of this property through renovation and refurbishment leading to positive rental increases. This could be as little as new paint and carpet, or take it to the next level by adding new kitchens or bathroom areas. The choice is yours - do nothing and sit back and enjoy the current income, or plan for the future. Interest rates are at historical lows, investment demand is nearing historical highs, my vendor has realistically priced - act now and call today.