Saint Johns - SOLD PENDING LESSOR APPROVAL

Description

Auction: 34 Shortland Street, City on Wednesday 20 November 2024 at 10:00AM (unless sold prior)
This property has sold pending lessor approval.
Block of four Leasehold flats.
There are three, one-bedroom units with a sunny outlook and off street carparking. There is also a spacious two-bedroom unit with attractive views and off-street garage. All the units are tenanted and currently renting for $1610 pw or $83,720 with upside.
Check out the options yourself. Keep as is, improve the units to maximise the rental returns or move in yourself and enjoy the income from renting or possibly Airbnb.
At the top of the road is the popular French bakery and a short walk to the local shopping centre.
This is a great opportunity! Come and check this out for yourself.
21 Year Lease due for renewal in 2029
7 year rent reviews
Please email for Lease and Income info.