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Kaitaia, 87A Donald Road

Maximise Your Investment Return

$150,000

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Listing Number: KTA2328
About this listing
Currently tenanted at $260, with scope for a substantial increase, this investment property has a potential and very attractive gross yield of 11%.

Purchase the property tenanted, or opt for vacant possession and add to your capital through simple renovations. A recent rental appraisal indicates an achievable return of $300 to $325 per week. Whether you want to add this to your portfolio, or quit paying rent and move in yourself, an entry level investment of this calibre won't last long. Our sellers have shown their motivation with a very competitive asking price. Phone us to secure this fabulous offer for yourself today.
Property Information
  • Tenure: Crosslease (fee simple)
  • Property condition: Fair
  • Property Type: House
  • House style: Other
  • Garaging / carparking: Single lock-up
  • Construction: Composite Weatherboard
  • Joinery: Aluminium
  • Roof: Longrun
  • Flooring: Carpet and Vinyl
  • Chattels remaining: Fixed floor coverings, Light fittings
  • Kitchen: Original, Open plan, Separate oven, Pantry and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Single and Built-in / wardrobe
  • Main bathroom: Shower over bath
  • Laundry: Separate
  • Views: Rural
  • Aspect: West
  • Outdoor living: Deck / patio
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy, Backyard access
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops
Property Documents
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Contact Details

Kaitaia

Bay of Islands Realty Ltd

Licensed REAA 2008

Unit 4, 77 Commerce Street
Kaitaia

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