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Currently set up for a generous rental return, this solid, spacious and appealing villa has five separate tenancies with a large communal kitchen living space with two ovens and gas hobbs and five individual fridges. Fully Healthy Homes compliant. The tenants can all live independently while still living in a safe and cordial environment with others. Each generous room has its own heat pump. With tenancies set up like this, as a landlord, you are protected from any long periods of vacancy. The current landlord has very rarely had a room empty as the proximity to the City and the tidy nature of the property is attractive to both singles and couples looking for clean, warm and affordable living. The landlord currently pays for the internet, gas and power and this is part of the rental which is currently averaging approx $200 per room. The other option is for a purchaser looking to reclaim the persona of the large family home close to the city as you could easily convert this back to this style. With our owner currently living overseas and no longer planning on returning to New Zealand, this opportunity is now open to another savvy investor.
Dining
Combined open plan
Kitchen
Modern large open kitchen with two ovens and cooking hobbs
Bedrooms
Five generous bedrooms all on separate tenancies each with their own heat pump
Bathrooms
One bathroom has shower over bath and one has separate shower cabinet
Laundry
Separate laundry
Garage
Off street parking only for approximately 6 cars
Outdoors
Generous wraparound decking to north west corners
Rateable Value
$455,000
Rates: 3078.43
Living Area
Large open plan shared communal kitchen living
Heating
Heat Pump
Chattels
Fixed floor coverings, Light fittings, Curtains, Dishwasher, Smoke detector(s), @ X gas hobbs, 2 x underbench ovens 7x heat pumps, Clothesline, Letterbox, Rangehood x 2
5 x underbench fridges
Legal Description
FLAT 1 DP 69459 ON LOT 1 DP 68842 HAVING SHARE IN 1018 M2
Legal Estate: Crosslease (Freehold)
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