



Seller Agent owned. Excellent investment opportunity especially for someone with the ability to make improvements on the go. 6 Plex plus Duplex and additional vacant land included. The 6 Plex has 4 apartments (2 recently updated) approved by the health department for occupancy. 3 are rented at $500/mnth. The other 3 are now vacant and 2 need renovated and approval prior to renting. The duplex is empty and ready for renovation. It will need a roof and extensive renovation. There is a 1 bedroom lower and 2 bedroom upper in this building. The 6 plex is all 1 bedroom. Fully rented potential income would be $59,000 to $64,000 Annual. Tenants pay electric and gas. Water bill is about $500 to $550 monthly when fully. Owner has assessed a $50 water fee per unit to offset this expense. Additional land included could potentially be used for Storage Units. Current income is for 4 units. 4 vacant ready for renovation.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $2334 | NZD $4,111* |
*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 Burgan Real Estate
Property ID: 110110215050
Original Property ID: 3yd-NEOHREXOH-5245493