2 for 1 Investment Opportunity
560 Fergusson Drive, Trentham is a unique investment opportunity with two townhouses on one title currently rented for $710 per week, however, a 60 day notice of rent increase is to be issued on 1st August to increase 1st October or to fit in their rent cycle from this date, this will increase the total rent to $790 per week.
The front house is currently rented for $400 per week on a periodic tenancy. The house has two double bedrooms, open plan living and dining area with a woodburner to ensure warmth and comfort and insulation in the ceiling to R 3.6.
The bathroom has a separate shower and separate bath, heated towel rail plus a hideaway laundry.
A standard kitchen with free standing stove and oven opens to a double carport plus a further single carport. The property enjoys low maintenance grounds.
The rear property is on a fixed-term tenancy to 26/02/2020 currently rented for $310 per week, with an intended rent increase to $390 per week. This property has one double plus one single bedroom, with a spacious living area and separate kitchen and bathroom.
The exterior cladding needs some maintenance alongwith the bathroom to restore the property to its former glory. Outside the property has a carport plus numerous storage sheds for further belongings.
Located close to Trentham railway station, bus services, shops, schools and more, with easy access to State Highway 2 with approximately 25 minutes off-peak drive to Wellington.
The rental returns are very attractive indeed and we recommend all investors looking for a solid investment return to make contact today to avoid disappointment.
Proudly marketed by Brian Childs & Andrea Taare and Tall Poppy bringing you New Zealand's #1 FREE marketing package.
Brian 0276 594 922
Andrea 021 313 107
Freephone 0800 482 557