5B Manley Grove, Gate Pa, Bay of Plenty

$725,000

3
2
1
514 m²

MultiFam

30+ days on the market

Sold: Aug 26, 2024

What's around 5B Manley Grove

About this property

This classic central Tauranga dual income property on a freehold rear site is in a quiet cul-de-sac, convenient to schools, reserves, Mega Mitre 10, New World, Spotlight, and lots of popular takeaways! Featuring two separate tenancies, this is an attractive option for savvy investors. Upstairs has two bedrooms, kitchen, bathroom, fireplace, separate laundry and large back yard with plenty of room for kids, toys, pets and gardens. It is currently rented for $490/week and the tenant has been there for over ten years and really loves it. Downstairs is a fully self-contained studio including its own power meter, gas hot water, has a great sized kitchen, lots of storage, vege or flower garden and a separate entrance. The long term tenant here is currently paying $360/week so our vendor is achieving exceptional income from this property and ideally the tenants would both really love to stay. That said, either dwelling would work as home and income, or it would suit your extended family, a boarder or Bed and Break

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Seller's review

over 1 year ago

Dedicated, experienced and helpfull.

Richard worked well with tenants and prospective buyers in a professional manner, achieving a sale in a tighter market, Thank you.

P
Peter Blair
Seller
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