8% yield - 1257sqm land with 5 rentals and house

69 Golf Road, Tahunanui

Sold

Ref: TR42764

11 Beds 6 Baths 360 m2 1,257 m2 2 Garages
Situated close to the beach and bus routes in Tahuna, this property stacks up on paper.


The 360sqm ex-Motel, now fully tenanted and Healthy Homes Compliant, it is set on a 1257sqm freehold title.


Units:

2 x 1 bedroom units

2 x 2 bedroom units

1 x studio unit


House:

The ex manager's quarter's is a freestanding 3 bedroom, 1 bathroom home upstairs. Downstairs there is the reception area and an office as well as a large room that could be used as a 4th bedroom. It has a kitchen dining area and a separate living area with a balcony. The master bedroom as has a private deck and there is also a large rear courtyard. There is a generously sized separate laundry and a freestanding double garage. At the rear is a "guest" laundry which is used by the tenants of the 5 units.


All offers are to be in by midday Thursday 19 June.


The vendor is registered for GST - the price is offers over $1,400,000 + GST (if any)


Email Dwayne or Emma for a full info pack or call to discuss.

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