House for Sale

54 Strong Street St Johns, Auckland City 1072

$295,000
  • 4 Beds
  • 2 Baths
  • 2 Cars

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House for Sale in St Johns

Cash Flow Investment

  • 4 Beds
  • 2 Baths
  • 2 Cars

What a great opportunity to invest in a tidy two unit property with long-term tenants and a positive cash flow.
Comprising two, very tidy two bedroom units returning $36,900 p.a. in a rental income from August 2015. Constructed in popular weatherboard, these properties are on one title and have been owned by the current owner for twenty-seven years.
Lots of options available - Live in one and rent the other or keep the two as a long-term investment.
Perpetual Leasehold with a ground rental of $26,300 p.a. and the next rent review not until 2034 (21 year review period)
Owner will consider leaving some vendor finance.
MOTIVATED VENDOR INSTRUCTS TO PRESENT ALL OFFERS!

Features:
  • Electric Hot Water
  • Standard Kitchen
  • Separate Bathrooms
  • Separate WCs
  • Combined Lounge/Dining
  • Electric Stove
  • Very Good Interior Condition
  • Off-Street Parking
  • Partially Fenced
  • Concrete Tile Roof
  • Weatherboard Exterior
  • Excellent Exterior Condition
  • Decking
  • Two Storey
  • Northerly, Easterly, Southerly and Westerly Aspects
  • Urban Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Above Ground Level
  • Public Transport Nearby
  • Shops Nearby
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Polished Timber Floor
  • Terrace/Balcony

See all features

Chattels:
  • Blinds
  • Curtains
  • F/Floor Cover
  • Light Fittings
  • Stove
  • TV Aerial
Building:

118m²

Land:

622m² / 0.15 acres

Parking:

2 garage spaces and 2 off street parks

Bedrooms:

4

Bathrooms:

2

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