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House

101 Kawai Street Nelson South, Nelson City 7010

Sold on 27 Jun 2017
  • 12 Beds
  • 7 Baths
  • 6 Cars
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House in Nelson South

Cash Stash or Super Scheme!

  • 12 Beds
  • 7 Baths
  • 6 Cars

Get started on the investment market, check out this golden opportunity. With its prime location just minutes away from Nelson CBD, Schools, Shops & Leisure makes this investment a top spot for tenants and an opportunity not to miss out on.

With tenants in place, you will start earning the moment you take over, the long term tenants are producing a gross income of $73,788 P.A. For someone with the ability and vision to upgrade and enhance these units inside and out, a current rental assessment indicates the units could be returning a gross income of $94,640 P.A.

The units were built to last; with low structural maintenance, each unit features two bedrooms with wardrobes, one bathroom and a carport for one vehicle. Two of the six units have been remodelled with new kitchen cabinetry, new carpet, and vinyl. The sixth unit is spared across two levels, with two double bedrooms, a single internal garage, two bathrooms and a deck.

Properties in this well-established central location don't last long so if this sounds like you, call Roei today for an appointment to view.

* RV: $900,000 (Sep 2015) Rates: $8061.21 Land Area: 985sqm (more or less) Floor Area: 420sqm (Source: Property Guru, Nelson City Council, LINZ).

Features:
  • Basement
  • Electric Hot Water
  • Standard Kitchen
  • Combined Dining/Kitchen
  • Combined Bathrooms
  • Combined Lounge/Dining
  • Electric Stove
  • Insulation: Batts
  • Joinery: Wooden
  • Good Interior Condition
  • Single Garage
  • Carport
  • Concrete Base
  • Partially Fenced
  • Iron Roof
  • Stucco Exterior
  • Good Exterior Condition
  • Decking
  • Single Storey
  • Two Storey
  • Level Section Contour
  • Urban Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Right of Way Frontage
  • Above Ground Level
  • Public Transport Nearby
  • Shops Nearby

See all features

Chattels:
  • Blinds
  • Curtains
  • Drapes
  • F/Floor Cover
  • Light Fittings
  • Stove
  • Cooktop Oven
Building:

420m²

Parking:

Single garage & Carports

Bedrooms:

12

Bathrooms:

7

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