105 Brougham Street, Addington

Offers Over $329,000

Cash Cow - Extraordinary 10% yield!


This property has been returning 10% yield. With the back flat being recently vacated here is your chance to make some improvements to enhance the property further.

The front flat is currently rented out with the long term tenant keen to stay.

If you are looking for a solid rental investment then look no further. This 4 bedroom flat at the back of the property was returning $400 a week while the 1 bedroom flat at the front returns $235 a week.

This property would suit a developer and/or a handyman looking for their next project.

Good sized lounge and kitchen in the rear flat and besides the 4 bedrooms there is also a study/store room. Has a separate laundry.

The front flat has one bedroom, toilet, shower and a small kitchenette.

Situated in the popular suburb of Addington, this property gives easy access to the city.

$329,000 neg over.

To download the property file including EQC, LIM & more, please copy & paste the following link http://www.propertyfiles.co.nz/property/RX1291975

Property ID: RX1291975

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