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403/1193 Hinemoa Street Rotorua, Rotorua District

Sold for $160,000 on 13 Aug 2015
  • 1 Bed
  • 1 Bath
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403/1193 Hinemoa Street, Rotorua, Rotorua District

Apartment in Rotorua

7.5% Net return Declared Reserve at $170,000

  • 1 Bed
  • 1 Bath

One bedroom and one carpark in the Royal Court Apartments in Rotorua.

Declared reserve showing an 7.5% net return after body corporate fees and rates, almost impossible to find in Auckland's market. So why not take the opportunity to invest in the provinces.
Located in the centre of town, fully furnished.
Solid rental demand and low outgoings to seal the deal. Need further convincing tenants have been notified of a rent increase from $300 to $320 per week so not long after settlement this property will be showing 8% net.

Call us today for an information pack.

*Please note that these photo's are of a similar unit.

Features:
  • Single Garage
Property ID:

CTA26830

Building:

38m²

Bedrooms:

1

Bathrooms:

1