1/79 Storey Avenue

Forest Lake Waikato

102 m²

239 m²

Townhouse

Currently for sale - view listing

Overview

Buy one or both units!

Presenting an outstanding investment opportunity of four meticulously maintained townhouses, offering both modern living and a secure rental income stream. These properties are leased with a guaranteed return for the next 3.5 years, making them an ideal addition to any investment portfolio. Key Features: Rental Income: Units 1 & 2 $693.00 each per week - $72,072.00 per year *SOLD Units 3 & 4 – 622.00 each per week - $64,688 per year Content: Unit 1 & 2 - 3 bedrooms & 1 bathrooms, 1 ensuites Unit 3 & 4 – 2 bedrooms & 1 bathrooms, 1 ensuite Each townhouse boasts a generous floor area offering a spacious living space Fully fitted with top-of-the-line Bosch appliances, ensuring long-term reliability and value. Each townhouse includes a single garage, providing secure parking and ample storage. These townhouses are currently leased for the next 3.5 years, with a solid lease agreement offering a 2% rent increase every year, ensuring a consistent and reliable rental income Contemporary finishes, open-plan living areas, and abundant natural light create an appealing environment. Prime Location: Situated in a highly sought-after neighborhood with easy access to local amenities, schools, parks, and public transport options. These townhouses offer a secure, low-maintenance investment with the added benefit of rental income growth. Whether you're looking to expand your portfolio or secure a long-term, hassle-free investment, this opportunity is one you won’t want to miss.