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$585,000

string(7) "current"

Double income right on Tay St - 7% GY on asking

288 and 290 Tay Street, TURNBULL THOMSON PARK


  • 5
  • 2
  • 1
  • 668 sqm
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$585,000

Double income right on Tay St - 7% GY on asking

288 and 290 Tay Street, TURNBULL THOMSON PARK


  • 5
  • 2
  • 1
  • 668 m²

Double income right on Tay St - 7% GY on asking

Property ID: eagle_1558367

  • 5
  • 2
  • 1
  • 668 sqm

288 and 290 Tay is the address of your new investment property. This solid, 1950's, brick and rough cast, art deco beauty contains 2 units both currently rented.

288 has 2 bedrooms, an open plan living/dining/ kitchen space, plenty of north facing sunlit windows and a modest garden out the back

290 has 3 bedrooms, more living space, a kitchen adjacent to the open plan living/dining and the convenience of a carport right at the front door.

There's plenty of parking and a number of garden sheds for storage.

But it's the numbers really make this opportunity shine.

Currently rented for $790 per week ($370 and $420 respectively) is a 7.0% Gross Yield on asking price. There's also opportunity to add value and increase this yield.

Located just a short 650m walk (according to Google Maps) from supermarkets and other conveniences, it's in a handy spot for sure.

Whether your new to investing or a seasoned landlord, this property will be a great addition to anyone's portfolio.

Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Local Council and we have not been able to verify the accuracy of the same. Refer to our Passing Over of Information Statement at:
https://www.smr.co.nz/passing-over-of-information

Smart Move Residential is Powered by Agent X (2021) Ltd - Licensed Agent REAA 2008

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