SOLD
Frankton

6A and B Upper Kent Street

$690,000
August 2024

Impressive 6.9% Return

Presenting a fantastic opportunity to acquire a great rental return from 6A & B Upper Kent Street. Ideal as a home and income or rent out both units, the possibilities here are endless. With loads of future potential for investors or first-time home buyers, positioned on a freehold site in a central location, just minutes from the CBD. 6A boasts classic character charm from the 1920s with high ceilings and three generously sized bedrooms. The lounge features a heat pump, while the kitchen and dining area are flooded with natural light. The bathroom offers a shower over the bath and a toilet, ensuring all the essentials are covered. Currently rented at $570 p/w. Below, 6B is a one-bedroom unit drenched in the morning sun, creating a relaxing ambiance with views of nature and greenery. Practical kitchen and dining area and a comfortable lounge with a heat pump. Spacious bedroom and the bathroom and laundry area is combined. Currently rented at $360 p/w. Surrounded by mature trees and outdoor space to enjoy, plus ample room to park vehicles, this property offers an outstanding investment opportunity! To download the property files please copy and paste the below link into your browser: https://www.propertyfiles.co.nz/property/6A&Bupperkent

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SPECIFICATIONS
Land Area 488 m²
Floor Size 120m²
Rateable Value $770,000
Rates $3,870
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