



Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
| Type | School name | District name |
|---|---|---|
| High | Morton | Not available |
| Year | Tax amount | |
|---|---|---|
| 2024 | USD $7260 | NZD $12,926* |
*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 R & R Realty
Property ID: 110099407805
Original Property ID: 3yd-PAARIL-PA1257871