40 Queen Street, Te Puke, Western Bay Of Plenty, Bay Of Plenty, 3119, New Zealand

Are you an investor looking for a fabulous rental yield?

Or maybe you are a developer looking for that next opportunity?

With location only a stone’s throw away from Te Puke township these two units are being sold together.

Both units are offering two good sized bedrooms, great open plan dining and lounge, with a separate kitchen. One of the units is a bit more modern than the other – however both are very tidy.

Both are insulated up to the current rental standards and one has a heatpump, the other a wall heater. Each unit has a single internal access garage and off-street parking plus a garden shed.

The overall land is 809m2 and the units are on a fee simple cross lease title.

The units are vacant and are being sold as is where is’.

Expected rental return in this current market is between $420 to $460 each per week.

Opportunities like these don’t come along very often – you could keep them as rentals for a few years then look at developing the site into freehold titles and building two new dwellings.