Smart investment - four rental units

1,2,3,4/28 Faulkland Drive, Witherlea, Marlborough


Asking price: Price by Negotiation

28 Faulkland Drive represents one of those great investment opportunities four solid units. Within close proximity to many of the local amenities, schools, supermarkets and the Wither Hills and with good rentals still being in short supply, these properties really are smart buying. Constructed of brick and weatherboard investments don't come any more solid than this. Tidy and well presented, there is one 3 bedroomed flat along with three other two bedroomed properties. Sunny and open plan, they meet current healthy homes standards and are ideal rentals. Three of the four flats have solid long-term tenants who are keen to stay on, the fourth, having been completely revamped has a tenancy now confirmed. A new kitchen, bathroom, carpet and painted interior makes for very comfortable living and will be a sought after, easily occupied option giving an attractive return. Current owners are in the process of finding a new resident for this. The units have open plan dining and living rooms and all bedrooms have built in wardrobes. Heat pumps provide warmth in winter and comfort in the summer months. Sliding doors from three of the units open to west facing private backyards which are reasonable in size and back onto the Cedar Grove Reserve. The other home has access to a sunny covered patio area in the front. Fencing at the rear of the properties and between each of the flats provide privacy. Outside, a garage for each unit is an added bonus to an already attractive investment and the maintenance of easy care grounds, perfectly suits this type of income earner. A Lim report and healthy home reports are available to assist in your decision making and due diligence. So if you are looking for smart and secure buying - 28 Faulkland Drive should definitely be on your list. Rental properties are definitely a tried and true means of creating income and capital gain over time. Contact Campbell Gill for more information and your appointment to view.
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