Exceptional Investment Property
- Building: 340m²
- Land: 1,377m² (0.34 acres)
Situated in one of Wanganui's top suburbs - Springvale - this ex motel complex is in a prime position, which attracts good tenants.
This sought after location is close to the Springvale Shopping Centre, Springvale Sports grounds and Stadium. A few minutes to the city centre and is Wanganui High School zoned. This investment has fantastic returns of over 8.5%.
The property is made up of one three bedroom house, four studio rooms and two one bedroom units, returning currently $1179 per week.
Very good occupancy rate with some long term tenants currently tenanting, if you are looking for a long term investment then this one will excite.
Price by negotiation plus GST (if any).
1,377m² / 0.34 acres