50A Park Road, Katikati, Western Bay Of Plenty, Bay Of Plenty, 3129, New Zealand
This home is a quality brick and tile three double bedrooms x 1 bathroom home with a one bedroom x 1 bathroom unit attached on a 686m2 section.
Utilize the income $275.00 pw from the tenanted back unit or ideal for extended family living.
This home has been built in 2012, approximately 200m2 and with quality construction and set within one of the best streets in Katikati. LIM report is available.
The home has a good layout with open plan kitchen, dining, lounge, with the kitchen being modern with dishwasher, rangehood, pantry and lots of cupboard space. Three double bedrooms with the large master bedroom having an extra-large wardrobe. Good quality fixtures and fittings have been used throughout and there is a double garage/ internal access with off street parking also the Unit comes with a carport.
The home and unit are both carpeted throughout and styled with neutral colours. They both have indoor/ outdoor flow for entertaining and have an HRV system installed. There is an interconnecting door for extended family living and the tenant is happy to stay on.
The property is nicely presented and surrounded in nice views of the Kaimai hills and also within walking distance to the main centre of Katikati, markets, schools, easy transport, medical centers as well as walking distance to the estuary.
The house and unit rental is $39,000 per annum. 4% to 4.5% gross income (approx).
An investment/family property like this can be as scarce as hens teeth to find.
