


Listing Description
Add-value investment opportunity
1-4/50 Juliet Street, Stratford, Taranaki
To be sold by deadline sale (by 4 Dec)
Details
| Attribute | Value |
|---|---|
| Property type | Unit |
| Parking | 2 car garaging |
| Agency reference | 2602420 |
| Broadband in the area |
Description
Situated in the rural township of Stratford, this block of four units on individual cross-lease titles, presents an exciting opportunity for residential and add-value investors. Positioned on a 1,012sqm (more or less) site, the four x two-bedroom brick units feature longrun roofs and aluminium joinery. With low maintenance 1980s construction, the buildings present as a sound start for future refurbishment, with three having existing tenants in place for immediate cashflow.
This convenient rental location, in proximity to the CBD, has easy access to New World Supermarket and local shops, with all levels of schooling within reach. Move away from single tenanted residential investment to split risk where with a housing shortage, consistent income is a given.
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