VERY POSITIVE CASH FLOW!
9-11 Thimble Lane, Whitby, Porirua 5024
These mid 1980's, purpose built flats are located in a middle class suburb, very close to the respected Postgate Primary School, and the main bus route. Quality and condition-wise these flats are classed as superior accommodation with modern kitchens and bathrooms, roomy light filled living rooms and bedrooms, with balconies with each unit. Each also has a great view over a park which current tenants love.
Consequently it attracts a higher class of tenant and has never had an unrented unit. Rents and capital value have steadily increased. In all, the property represents a secure profitable investment which will attract a premium price.
Rental return information figures are available showing a very good nett return.
- 4 x 2 flats
- Built around 1980
- Off road car pad
- for 4 cars
- Fibre cement (Hardiplank)
- Corrugated iron
- Parkland and nearby hills
- Chattels Remaining
- Carpet, curtains, light fittings, drapes