Investor Moving Overseas . Need to sell!

2/133 Main Street , Upper Hutt , Hutt Valley
By Negotiation
Listed: 21 Nov | Ref: SHM264


4 Beds

2 Baths

Property Description

Rent: $490pw
Rates: $1,620
Body Corp: $3,170
Insurance: $1,930
Repairs & Maintenance: $500 (estimation)

Fully furnished, rented on a rent-by-room basis. The apartment has never been empty since we bought it in Jan 2007 as there has always been at least two or three of the rooms tenanted. Strictly speaking: records will show an average of 2.5 weeks vacancy per annum over the past five years.

Queen-sized beds, dressers, study tables and built-in wardrobes for each room. Dining and Lounge suites, kitchenware etc are all included in purchase.

Two male and two female tenants aged in late 20s to early 30s – each mature, reliable and responsible. Two tenants have been living in the apartment since 2007 and the other two tenants over the last 9-11 months. Tenants pay their own expenses, ie Electricity, Phone, Internet, and Sky.

Located right in the heart of Upper Hutt city. Within walking distance to supermarkets, shopping, bus/train stations, cinemas, cafes and restaurants and so on.

Consists of the commercial property below and five apartments. Immediate maintenance plans include exterior painting of the roof and façade this summer.

NZI - June 2012 to June 2013

Spreadsheets available on request: Occupancy, Body Corporate Fees, Maintenance and Insurance, which I’ve kept since taking ownership in January 2007.

Completely transparent… any questions or queries welcomed.

By appointment

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Category: Residential
Property Type: House
Price: Price by negotiation
Rateable Value: $235,000
Floor Area: 129 m2
Status: For sale
Amenities: Everything­!!!

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