Lower Hutt City Median PriceLower Hutt City Median Rent | A56 Richmond Street, Petone | $850,000 listed in Oct 2014 | Apartment: 6 6 |
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Map | Street view | Nearby | Transport | Property Description: | 7 incomes from a block of 7 flats. It just consistently rolls out a great rent roll and is in demand from prospective tenants when a vacancy arises. Located in the ever popular Central Petone - The property comprises of 5 x 1 bedroom and 2 x 2 bedroom units built for longevity. Currently the property annual rent roll $65,780. A double garage on property is not let. Dual street frontage, excellent car parking and scope to add value, creating a very attractive cash flow proposition. Demand from prospective tenants is very high, which is demonstrated by the 100% occupancy rate, with long term tenancies being the norm, thus creating a hassle-free appealing investment. Promptly contact to arrange a private viewing. LIM report and Valuation report available. | Property valuation from Government |
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