A 6.5% rental return in a top Kamo Street! Never!
Located in Crawford Crescent and only 500 meters walk from Hurupaki school, this property is rent assessed at between $560pw and $610pw, (based on renting it out as two residences). It is all set up to do this with a self-contained flat downstairs and a three bedroom, two bathroom house on the top two levels. All building work is fully permitted, including resource consent to create a second residential unit. A Code of Compliance has been obtained for all completed work including the flat. The catch is that the W.D.C. is not clear if this allows for two different families to occupy the property. So if you want a golden opportunity, and are not afraid of a few meetings and maybe a bit of remedial work, this is a gold lined opportunity to pick up a 6.5% gross return in a top street in sought after Kamo, close to one of the top schools in the city.