



Excellent investment opportunity! This legal CBS duplex, built in 1989, offers approximately 2,231 total square feet with two spacious 2-bedroom, 2-bathroom units, each approximately 1,100 square feet. Major improvements include a NEW ROOF and IMPACT WINDOWS & DOORS completed in 2026, providing added value and peace of mind for the next owner. Unit A features an A/C system from 2022, while Unit B features an A/C system from 2020. The property also offers a concrete driveway with 4 parking spaces, electrical panels in good condition, and a well-maintained water heater. Both units provide strong rental income potential. Beginning in December, Unit A will be rented month-to-month at $1,900 per month, while Unit B will be rented month-to-month at $1,950 per month, generating a combined $3,850 in monthly rental income. The month-to-month tenancy provides flexibility for max rents. Whether you're expanding your investment portfolio or looking for a multifamily property with significant recent improvements, this property offers an excellent opportunity. There is a lot of redevelopment happening in the area and the property is located within walking distance to the new City Hall that will be built.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $9983 | NZD $17,624* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Lifestyle International Realty
Property ID: 110120422508
Original Property ID: 3yd-MAORFL-A12101396