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40 Queen Street, Te Puke

AUCTION (Unless Sold Prior)

Deal of the Century

Are you an investor looking for a fabulous rental yield?

Or maybe you are a developer looking for that next opportunity?

With location only a stone's throw away from Te Puke township these two units are being sold together.

Both units are offering two good sized bedrooms, great open plan dining and lounge, with a separate kitchen. One of the units is a bit more modern than the other - however both are very tidy.

Both are insulated up to the current rental standards and one has a heatpump, the other a wall heater. Each unit has a single internal access garage and off-street parking plus a garden shed.

The overall land is 809m2 and the units are on a fee simple cross lease title.

The units are vacant and are being sold as is where is'.

Expected rental return in this current market is between $420 to $460 each per week.

Opportunities like these don't come along very often - you could keep them as rentals for a few years then look at developing the site into freehold titles and building two new dwellings.

Auction: 1.00pm Wednesday 20th May 2020 (unless sold prior) at First National office, Te Puke.

Open for Inspection
By Appointment

Wednesday, 20 May, 2020 1:00 PM
First National Office, 159B Jellicoe Street, Te Puke

Contact Agent