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355 St Aubyn Street, Moturoa, New Plymouth

Enquiries Over $2,100,000

404m²

1,187m²

Multi-Unit Gem in Moturoa!

Looking for a smart investment in Moturoa? This fantastic block of six units plus an additional two-bedroom dwelling offers a rare opportunity just moments from the Coastal Walkway. With 14 bedrooms in total, the potential here is huge for investors seeking solid rental returns. Currently, it’s returning $3,550 per week, $184,600 per year, making this an excellent addition to any portfolio.Two of the units have been nicely refreshed with fabulous new carpet, and all six are well-presented with open plan layouts and plenty of natural light. The units are cosy and comfortable with parking spaces allocated for each unit. With 14 bedrooms in total across the block, this is an opportunity not to be missed!The separate two-bedroom dwelling is a real bonus. This unit comes with its own small courtyard and garden shed, adding privacy and appeal to prospective tenants or even offering owner-occupier potential while renting out the others.The location is ideal, with schools, shopping at Mitre 10, and bus stops just down the road. Tenants will love being able to walk to the beautiful Coastal Walkway, making this an appealing and affordable place to live.With secure tenancies already in place, this property is a turnkey investment, generating impressive income from day one. Moturoa is in demand, and this multi-unit block ticks all the boxes for investors looking for a strong, consistent rental return.Contact Team Alannah and Brendon for more information about viewings, or for copies of documentation for this property.

Additional details

Type

Unit

Property ID

9093

Listed on

24/10/2024

Updated

23 minutes ago

Data

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OneRoof estimateRating valuationProperty history

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Broadband available

Floor area

404m²

Land area

1,187m²

Type of title

Freehold

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Time (yrs)

5 yrs

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Flooring

Total estimated cost is flooring

$23,304.45

This estimate is fully inclusive of carpet, underlay, accessories and installation but excludes travel and floor preparation, if required.

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Moturoa, New Plymouth

Moturoa is a suburb which lies within the Territorial Authority of New Plymouth, one of 41 residential suburbs which form the wider region. Moturoa is the 11st largest suburb of New Plymouth in terms of the total number of residential housing stock. Moturoa provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Moturoa is made up of approximately 95% residential housing and 5% residential investment housing properties.

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