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House

207 Nile Street Nelson, Nelson City

Sold for $485,000 on 15 Apr 2014
  • 8 Beds
  • 5 Baths
  • 5 Cars
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207 Nile Street, Nelson, Nelson City

House in Nelson

Substantially Reduced… Going to be Sold!

  • 8 Beds
  • 5 Baths
  • 5 Cars

"It's too far away for us now, IT WILL BE SOLD"

Whether it's enjoying the early 20th century features like this fireplace or the outside yards, the tenants here want to stay.

Perhaps it's the sight of the centre of NZ just a stone's throw away or the easy walk to the Maitai River and town that keeps this place rented.

Each of the five flats here have their own entrances, are fully self-contained and are currently rented with a great yield.

How often can you add 5 flats to your rental portfolio all at once at such a great price?

All five flats have their own entrance, are fully self-contained and are currently being rented.
Total rent: Approx $60,000
Gross yield: Over 11%+

This truly is a unique opportunity, contact me today for an information pack.

Features:
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Formal Lounge
  • Garden
  • Terrace/Balcony
Property ID:

RCH22331

Bedrooms:

8

Bathrooms:

5