221 Tomahawk Road

Andersons Bay Otago

230 m²

785 m²

House

Currently for sale - view listing

Overview

4 x 2 Units with views bringing in $82,000pa

An exceptional opportunity to secure a well-performing investment property in a prime coastal location. This solid block of 4 x 2-bedroom flats offers versatility, value, and a spectacular outlook, privacy, and handy to the city centre. Breathtaking beach views from the top flats – a rare coastal vantage point Good sun, and off street parking for Tenants NBS Rating: 50% Strong rental returns – currently earning $1,585/week from all four tenanted units, with scope to enhance and further increase yield Low maintenance construction, with partial double glazing (south facing) for comfort and efficiency. DCC rates $10,820pa. Whether you're looking to add to your portfolio or step into the investment market with a proven performer, 221 Tomahawk Road delivers beachside appeal, solid income, and long-term potential. Healthy homes compliant. Property files available for direct download from the listing on our website. Viewings strictly by appointment with the correct notice given to the current Tenants please.