Flats 1-4/19 Rodney Street
Otahuhu, Auckland City
$1,600,000
8
4
3

INVESTMENT BLOCK 4 x 2 BEDROOM FLATS with 5.2% yield

REAR FIND BE QUICK!

Attention Investors! Here's your chance to purchase a this block of flats with a current yield of $5.2% d in the thriving central suburb of Otahuhu.
After 30 years of ownership, the current vendor is cashing up, and wants this property SOLD.

Key features:

• SOILD INVESTMENT: 4 x 2-bedroom flats built to last with low-maintenance brick and tile construction currently all on one freehold title.

• FULLY TENANTED: Reliable long-term tenants already in place, offering immediate returns. Currently under market rent you can increased rent giving you instant upside and higher yield.

• LARGE 708m2 MHS-ZONED SECTION: Unlock future development possibilities with services onsite in this high-growth location (subject to council approval)

PRIME LOCATION

Conveniently close to SH1, Otahuhu town center, and the train station. A short drive to Sylvia Park, Auckland CBD, Middlemore Hospital, Auckland Airport, and other key amenities. This is an exceptional opportunity for savvy investors seeking strong returns now with future growth potential.

Properties like this are very rare so don't let this one slip by! The vendor is realistic and motivated to sell, so don't delay, call us now for more details.
Call Daniel 022 415 4459 or Roy 021 830 284 for more details and secure this excellent property today.

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Property Features

Property ID: ELL33333
Bedrooms: 8
Bathrooms: 4
Building: 220m2
Land: 708m2
Listed By:Now Realty Limited Licensed (REAA 2008)
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Chattels:

  • Light Fittings
  • Floor Covers
  • Tv Aerial
  • Stove
Roy Gol, Licensee Salesperson at Ray White Ellerslie