This sound investment opportunity stacks up in every way. Alaine Flats have never been on the market since they were built in the 1960's. Not only are Alaine Flats a solid investment, they are solidly built, very well kept with solid tenants and showing a solid return. One tenant has lived here for over 26 years. The two flats are north facing on 1012m2 of freehold land, giving you the opportunity to expand at a later date. Each flat has an open plan dining, lounge and kitchen, two bedrooms with separate laundry, toilet and bathroom. Divided by a single garage each, the roadside flat has an additional carport and off-street parking. They are very well built and you will be impressed at how well they have been maintained in the last 50 plus years. Strathmore Place is a delightfully quiet cul-de-sac in the southern part of Whakatane Township, and allows tenants to maintain the peace and quiet this street enjoys. The owners circumstances have changed so they are keen to see the property sold and passed on to an investor that will look after their tenants. View this property at one of its Open Homes or by arrangement.
This sound investment opportunity stacks up in every way. Alaine Flats have never been on the market since they were built in the 1960's. Not only are Alaine Flats a solid investment, they are solidly built, very well kept with solid tenants and showing a solid return. One tenant has lived here for over 26 years. The two flats are north facing on 1012m2 of freehold land, giving you the opportunity to expand at a later date. Each flat has an open plan dining, lounge and kitchen, two bedrooms with separate laundry, toilet and bathroom. Divided by a single garage each, the roadside flat has an additional carport and off-street parking. They are very well built and you will be impressed at how well they have been maintained in the last 50 plus years. Strathmore Place is a delightfully quiet cul-de-sac in the southern part of Whakatane Township, and allows tenants to maintain the peace and quiet this street enjoys. The owners circumstances have changed so they are keen to see the property sold and passed on to an investor that will look after their tenants. View this property at one of its Open Homes or by arrangement.