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Agent: Chas Wilson PRINT VERSION
Property #1175 Offers

Investment flats in Otahuhu

Sought after type of block consisting of 4x1 bedroom units in a very desirable location near the main Centre of Otahuhu. Current rents with the long term tenants are very low at $200 per week per flat. 4 lockable carports with storage lockers. Solid old fashioned contruction in brick and tile. Boring but built to last for ever. We are looking for buyers over $700,000 but reasonable offers will be considered by this realistic seller.Call:RobertTurnbull 021 2416 222















Overheads  
Body Corporate Levy nil
ARC Levy $212.90
Rates $2575.11
Current insurance allow $800 per annum
All flats water metered? no
Cost of water to landlord allow $1300 per annum
CV $510,000
LV $210,000
VI $300,000
Construction  
Exterior brick
Roof tile
Joinery timber
Other  
Land Area 725m2 sq m
Garaging 4 carports
Parking on-site parking
Levels single level
Position road frontage
Interior condition very good
Exterior condition very good
Age 1960's
Subsequent additions nil

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