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Looking for a project?

$259,000
Investment in St Johns  

2 x 4 bedroom houses built as one dwelling, with pleasant sea views. Thats the good part. Both in need of extensive remodelling. Leasehold land, but potentailly able to freeholded. Brilliant development site of 1214sq.m! Options abound. At this price a simple make over could give you enough rental income to easily cover the ground lease of $33k.pa. Call Robert Turnbull 09 308 5513 or 021 2416 222
Agent: Robert Turnbull

 

Always in demand!

$439,000
Investment Flats in Mangere  

2x2 bed Brick and tile units on a single title just off Kirkbride Rd. Exterior needs some attention. The front unit has been renovated with new kitchen/bathroom/paint etc. Rear unit still needs doing. Rents are $300/wk for the rear and $310/wk for the front improved unit. Rents include water & lawns. A few weekends on the end of a sander and paint brush is what this block needs. With 16,000 people a day working in and around the Airport just a 9 minute drive away you'll never be short of tenants. Well worth considering! Ph Robert Turnbull 09 308 5513 or 021 2416 222
Agent: Robert Turnbull

 

Cashflow and land!

$649,000
Boarding House in Mangere Bridge  

This property has the 2 ingredients I am most commonly asked for, cashflow and development potential. Currently an 8 bedroom Boarding House. The property started life as a Bungalow and has since been added onto. Generally well presented, with rooms rented at an average $170/wk each. 2x kitchens and 2x bathrooms, Building size 174sq.m, with large 1012sq.m site. Potential to add another dwelling to the rear. There is currently a Resourse Consent in place that expires December 2012 to add a second dwelling. With some fresh input this property should return a healthy yield. Priced realistically to be sold! Phone Robert Turnbull 09 308 5513 or 021 2416 222
Agent: Robert Turnbull

 

Seize the day

UNDER CONTRACT
Investment in Mt Wellington  

Situated along the Ellerslie Panmure Highway, with impeccable street appeal. At the front is a large house divided into a 3 bed and 2 bed unit sharing a private covered patio area. To the rear is a modern extra large 2 bed detached house. All units come with lock up garages, and are presented to the highest standard. Rents are $395/wk for the large 3 bed unit, $320/wk for the middle 2 bed, and $420/wk for the rear house. Tenants pay water. There is an issue with the LIM on this property that presents an opportunity to an in coming buyer. Call me to discuss. Robert Turnbull 09 308 5513 or 021 2416 222
Agent: Robert Turnbull

 

House plus extra site

$By Neg
House plus site in Penrose  

Location: 42 and 42a Rockfield Road, ONE TREE HILL Rooms: 3 bedrooms, 1 Bathroom, Separate Toilet Land Area: 809sqm all inclusive CV: $800,000 Suit: Extended Families - Investors - Developers This property offers you an abundance of options. Create your dream home on the already cross leased section, while living in the existing house, or rent out the existing house while building. Currently rented at $475.00 per week (short term). Or remove the existing house and create 2 modern family homes. Please note : the house has recently been re-wired. Power in the garage. Security Alarm Close to Greenlane on-ramp for both northern and southern motorways. Situated on a bus route, with easy walking distance to Ellerslie Village train station. Good amenities close by. Close to Cornwall Park, Sylvia Park, Dressmart, schools (all levels) and a short drive to CBD. Contact : Robert Turnbull 0212416222
Agent: Robert Turnbull

 

Location Location

By negotiation
Investment in Greenlane  

Bungalow conversion in Greenlane. Upstairs currently has a commercial tenant, but the space can easily be configured as a 3 bed and 1 bed accommodation. Downstairs is a 2 bed unit badly under rented. Building in good order. So well positioned along Gt South Rd between the Greenlane and Market Rd motorway off ramps, and it's in the Auckland Grammar Zone! Vendor is committed to selling. Buyer range Mid to late $800's. Call Robert Turnbull 09 308 5513 or 021 2416 222
Agent: Robert Turnbull

 

Shops & Commercial. 8.5% Plus, NET

$995,000 + GST (if any)
Investment in Royal Oak  

In the heart of Royal Oak shopping district, Manukau Rd. 1 x Drycleaners, 1 x Locksmith/Print supplies, 2 x Restaurants, 3 x Office, 1 x Workshop, 6 x Car spaces, Total current rent roll, $84,173 p.a Net after expenses. (This is with one of the small offices just vacated) Landlord has held back on any rent increases across the board for the the last 2 rent reviews. Property is on private leasehold land. Full details available. Prime strategic holding. Vendor retiring. Call Robert Turnbull 09 308 5513 or 021 2416 222
Agent: Robert Turnbull

 

Block of 6 with new HNZL lease

$1,920,000
Investment in Mt Albert  

6x2 bedroom units. Excellent location in Mt Albert and the units have been totally refurbished including new kitchens and bathrooms. The block has been leased to HNZL for 5 years with a right of renewal for a further 5 years. Initial rental is $340 per week per unit. HNZL takes a 10% management fee and the rental is paid monthly in arrears. It is guaranteed even if a unit is empty. There is a recent registered valuation available to support the asking price of this sound, secure, freehold investment.Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson