64 Rangiamohia Road, Turangi, Taupo, Waikato

Welcome to 'return on investment' with this single freehold 632m2 (more or less) title with two 2-bedroom units. Each unit has 2 good-sized bedrooms with wardrobes, a bathroom and separate toilet, open plan lounge, kitchen and dining area over approximately 70m2 per unit. There is individual laundry space and heat pumps for heating and cooling in each unit too. The whole property has double glazing and a home ventilation system is in place for each unit. The property has all the Healthy Homes ticks it needs; insulation, extractor fans in the bathrooms, individual heat pumps and proper drainage so it is ready for the savvy investor. There is also outdoor space for each unit and a convenient garden shed located in each unit's space. The back unit has a very nice size fully fenced grassed area and the front unit has a smaller front and side yard.

The rear unit has recently had some updates with a new kitchen and bathroom, new flooring and painting throughout and has been recently tenanted on a 3 month fixed term to allow flexibility for the new owner. Rental estimate is about $400 - $420 per week per each unit. The front unit has also had a kitchen update recently and is in very tidy condition with a house-proud tenant in place and she'd love to stay. The vendors have cleverly used carpet tiles in the rear unit for easy management of wear and tear in carpeted areas. The roof has been freshly painted too so you can sit back and enjoy that return.

Invest here for a solid return as both units have rental potential and could return around $800 per week combined. Current rental income on both is $700 per week in consideration for the property being on the market. Live or holiday in one half and use the rental income from the other to help with your bills or rent them both out for an awesome return. Off street parking for both units and close to town and amenities. Don't miss out on this opportunity. Private viewings by arrangement.