An outstanding opportunity for investors and home and income buyers alike, this character property offers immediate dual income in a highly sought after Johnsonville location. This is the dream; both flats have separate entrances and are on their own power meters. The back flat is currently configured as a two bedroom, but you can convert it back into a one bedroom with charming lounge. This property presents a smart option for buyers looking to offset a mortgage, strengthen a portfolio, or secure a flexible long term investment.
Both units are currently tenanted, with both occupants wishing to stay on, however can be flexible around vacancy, providing immediate rental return and valuable continuity from settlement day. Current combined rent is $770 per week ($390 front flat, $380 back flat).
Positioned just a two minute walk from the centre of Johnsonville and right on the bus route, this is a location built for convenience. With motorway access north and south only moments away, the property offers strong ongoing tenant appeal. A sunny backyard further enhances the liveability of the property, adding to its long term rental desirability.
Whether you are looking to add to your portfolio or secure a flexible home and income opportunity to help pay off the mortgage, this property deserves your attention. Prime location, proven income, and future flexibility make this a compelling investment. Contact us for your private viewing today!
Contact Richard Ho and William YIP & Linda Huynh, Team YIP at 0225 647 439.
Builders and LIM report will be available.
RV $680,000
Property marketed by Team YIP - #1 Local Real Estate Team
http://www.TeamYIP.co.nz
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