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Listed about 15 years ago

ID#208513

Herne Bay

Auckland City
Expressions of Interest
13
8
448
(4,822.23 sq.ft.)
1,599
(17,211.48 sq.ft.)
proudly marketed by
Paul Raynes
Unlimited Potential Herne Bay MREINZ
Paul
021 922 982
Message Me

This substantial property is being offered for the first time in 50 years. Comprising 8 rental incomes all immaculately presented it makes an ideal peace of mind secure rental income proposition. The way the property is laid out also provides the flexibility for extended family living and/or home and income. Situated on a large land holding (1599m2 zoned Res 6A) with cafes, sports clubs and reserve close by - here's a property that offers lots of options for the astute investor as well as those looking to combine lifestyle and passive income.
Independent Rental Assessment 2 September 2009 $150,800 - $156,520 per annum.
Current Rental Income $120,380 per annum
Villa in 3 flats - 2 x 1 brm, 1 x 2 brm
4 x 2 brm units
1 x 1 brm free standing cottage

Expressions of Interest Close Thursday 15th October 2009 at 5pm (unless sold prior)

Agent on site Saturday and Sunday. Please phone for viewing times. Viewings also available mid week by appointment.

Information pack including Floor Plans, LIM Report, Title, Current Rent Schedule, Independent Rental Assessment plus more are all available on request.

Contact
Paul Raynes
021922982
paul.r@uprealty.co.nz

Keywords

Property Type

  • Investment

Features

  • Off-street parking

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Agent

Paul Raynes

Unlimited Potential Herne Bay MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Paul Raynes has had a profound effect on the Central Auckland residential market over the last 18 years. Qualified as Branch Manager since 1998 he now has his AREINZ qualification. With over 394 Settled Sales he clearly has a dynamic ability to get the results. Married with three children, Paul has a background in accounting and marketing. He brings an understanding of life's realities and a sense of humanity and compassion that goes beyond just getting the job done. Paul has sold property from Blockhouse Bay to Herne Bay and Pt Chevalier where Paul currently lives in a renovated 1920's bungalow.

"Even though the job is far more demanding than it was, it still provides the ultimate satisfaction when both vendor and buyer are happy with the result".

Paul feels taking the time to listen to people's needs, being fully confident in negotiating, and above all having a good sense of humour, have enabled him to thrive in a tough industry.
Licensee under the Real Estate Agents Act 2008

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ID#208513

Herne Bay

Auckland City
Expressions of Interest
proudly marketed by
Paul Raynes
Unlimited Potential Herne Bay MREINZ
Paul
021 922 982
Message Me

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