44A & B Darwin Road, Far North District, New Zealand being shown by Barfoot & Thompson with MLS # 920685

Currently offering a 5% return with potential for growth. One of the long-term tenants is vacating and new rental appraisals are available which will change the yield. Our client is ensuring that they are Healthy Homes Act compliant for the new owner. This unique property, set on a 3582m² freehold title with mature plantings and level lawns, features two spacious residences constructed of weatherboard and iron. It includes a four-bedroom unit and a three-bedroom unit, each with its own single garage and storage. Both homes have had long-term occupants, providing an immediate income stream. with the opportunity to increase rents to current market levels. This property is also ideal for a family looking to live in one residence while generating income from the other, or for extended family living. Located in a highly sought-after, central area close to primary and secondary schools and Kerikeri township, the property benefits from consistent tenant demand and strong rental returns. Our client is motivated to sell as they are looking to purchase elsewhere. Please contact us to arrange a private viewing.

Amenities

Bedrooms: 7
Full Bathrooms: 2
Partial Bathrooms: 0
Property Type: Residential
Home size: 0 ft² / 0 m²
MLS: 920685
Status: Active

$627,108

Listing currency: NZ$1,080,000

Select Currency