75A & B Smeaton Drive, Raumanga

Sold August 2023 for $515,000

4 Bed
2 Bath
2 Lounge
2 Garage

Investment Opportunity with Dual Properties!


**DEADLINE SALE**

Welcome to this unique offering on the south side of Whangarei, conveniently close to SH1. This property consists of two separate 2-bedroom homes, joined by their garaging on a cross-lease section. The potential for excellent rental returns for savvy investors make it a fantastic opportunity to break into the market!

Key Features:
  • Two 2-bedroom homes with spacious living areas, offering plenty of room for comfortable living.
  • Sunny deck space for each property, perfect for relaxation and enjoying the fresh air.
  • Single lock-up garage for each unit, providing secure parking and storage space.
  • Investment Potential with one of the properties already tenanted by a long-term tenant who wishes to stay on, you can start earning rental income from day one! The second property is currently vacant, offering an opportunity to tidy it up before the next tenant moves in.
  • Renovation Potential Both properties could benefit from a bit of TLC, giving you the chance to add value and create your dream living spaces.
  • Conveniently located on the south side of Whangarei, close to SH1 for easy commuting and access to amenities.

Duel property gem found!
This property presents an excellent opportunity to invest in a rental income-generating area with potential for growth. Embrace the chance to renovate and bring these homes to their full potential, while enjoying the benefits of an existing tenant in one of the cross-lease properties.

Don't miss out on this incredible dual-property gem. Contact us before it is snapped up.

Deadline Sale 4pm, 23rd August 2023, 66 Cameron Street, Whangarei (unless sold prior)

Property details

Location:
75A & B Smeaton Drive, Raumanga
Property type:
House on Cross Lease
Bedrooms:
4
Bathrooms:
2
Family room:
2
Garaging:
2
Property ID:
851654

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