Fantastic residential investment opportunity on target to gross in excess of $40,000pa and conveniently situated in the prime Riverview suburb of Kerikeri.

This immaculately presented property is set on a level 4000 sqm site and comprises a lovely three bedroom home and three rented cottages plus a huge ex boat builders shed.

Residence

Capturing all day sun and surrounded by lush subtropical gardens the owners north-west facing residence is private from the cottages. The home is a boomerang design built in the 1970's of split stone veneer and fibroplank cladding. The spacious, light filled living area with cosy log burner opens out onto a kwila deck as do two of the double bedrooms. The kitchen, tiled bathroom, second toilet and separate laundry have been completely modernised.

Cottages

Constructed of low maintenance materials all three cottages have two bedrooms each, spacious living areas opening to decks, laundry, carport and lockup sheds. Magnolia Cottage is gated and ramped allowing easy access to the main dwelling, being ideal for extended family.

Magnolia Cottage is currently rented at $250 per week whilst Cottages B and C are rented at $265 each per week. They all have individual power and town water connections.

The established landscaped surroundings are planted with bay and buxus hedges, topiary, specimen trees, cycads, hibiscus, citrus and stone fruit on free draining volcanic soil.

Shed

The 84 sqm shed is built on a concrete slab with large doors and is perfect for tradespeople, boat or motorhome parking.

Attractive for investors, trusts, extended families and retirees.

Achieve your retirement goals with little effort...free to spend time on the things you enjoy.

Please express your interest by calling Jane to arrange your private viewing.