High-Density, High-Return - Investment Opportunity

15A, B, C Edgecumbe Street, Whitiora

$859,000

331 

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Once in a while, the ideal investment comes along - this is one of those moments.

Held tightly for nearly 28 years, this set of three one-bedroom block and brick units sits on a 607m² High-Density Residential site, offering not just strong returns, but also exciting future development potential.

Currently combined rental returns of $1,040 per week (approx. $54,000 per annum gross), this is an ideal addition to your portfolio or a fantastic first step into property investment. (note: Unit B is currently vacant and was rented as a periodic $350/week and was going up to $370/wk ), this equates to a 6.2% Gross Return

With all three units on one title, you can forget about body corporate fees and enjoy a straightforward, hassle-free asset.

Located near the city and key transport links, tenant demand remains consistently high. Whether you landbank for the future, enhance the existing dwellings, or explore development possibilities, this is a rare and rewarding opportunity.

Don't wait another 28 years, contact Grant today to secure this smart investment -0274 888 156

Copy and paste this link for property files - https://www.propertyfiles.co.nz/property/HM57259


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