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Forest Lake

4/-11 Steele Road

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$819,000

Investment Property Opportunity

New Build Duplex Townhouse: Means the property is in excellent condition with modern amenities and materials, potentially reducing maintenance costs in the short term. Freehold Title: Owning a property with a freehold title provides full and permanent ownership of both the land and the building, giving you more control over the property. Tenancy in Place with Airbnb Manager: The property is currently generating income through short-term Airbnb stays, managed by a professional who pays you $620.00 weekly rent. Well Maintained: A well-maintained property is likely to have fewer immediate repair or renovation needs, potentially reducing your initial investment. 3 Bedrooms and 2 Bathrooms (Ensuite): A three-bedroom property with two bathrooms, including an ensuite, offers versatility in terms of tenant options, and it can be appealing to a wide range of potential renters. Internal Single Garage with Loft Storage: A garage provides convenience and added value to the property. Loft storage can be a bonus for additional space. Private and Secure: Privacy and security are important factors for both renters and owners. A private and secure property can attract quality tenants and provide peace of mind. Great Forest Lake Location: The property's location in Forest Lake, with its proximity to Te Rapa, The Base shopping centre, CBD, and arterial routes, is a strong selling point for convenience and potential property value appreciation. Ideal Long-Term Investment or Future Residence: This property offers flexibility as both a long-term investment and a future residence. You can continue to earn income from the Airbnb management until the tenancy expires and then decide to move in or lease it for long-term rentals. Inspections are limited to times between bookings. For more details and your appointment to view, phone me now. Tony Godden 021945525

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4/-11 Steele Road Forest Lake

4/-11 Steele Road, Forest Lake Hamilton

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