Astute investors looking for dual rental


8 Cheyenne Street, Sockburn

By Negotiation

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Astute investors looking for dual rental | 8 Cheyenne Street, Sockburn | 5525518 |      X Close
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Astute investors looking for dual rental


Enquiries over $699,000

This opportunity really does require your immediate attention. Our Instructions are clear; to sell this dual Income property under the hammer as the current owners look to downsize their portfolio ASAP.

Of course, if you are a large family looking for extended family living or a multi-generational set up, this will suit you to.

For savvy investors looking to add a high-performing property to their portfolio, 8 Cheyenne Street offers an exceptional opportunity. This 1970s Summerhill Stone home boasts five double bedrooms, an open-plan kitchen and living area, a family bathroom, and an additional separate toilet making it an attractive rental for large families or shared accommodation.

But the true bonus of this property is the stand-alone unit at the rear. This self-contained one-bedroom unit features its own living space, kitchen, bathroom with a combined laundry, offering flexibility for dual tenancy or extended family living.

The property also includes a large Skyline garage, perfect for additional storage or parking for up to two cars, while the sealed driveway provides ample off-street parking for tenants.

Currently generating a weekly rental income of $690 for the five bedroom home, these tenants are on a periodic tenancy and $329 for the single bedroom dwelling which is fixed until September 2025, a total rental income of $52,988PA, this property promises strong and immediate returns. Located in a popular Sockburn neighbourhood with easy access to schools, parks, and major transport routes, it is a sought-after area for tenants.

Whether you are an experienced investor or just starting out, this versatile property with its solid rental history and dual-income potential is not to be missed.

Looking for that property that offers financial stability and long term solutions to any mortgage pressure? Then this one is for you.

Contact us today to learn more about this prime investment.

Please copy and paste this website address into your internet browser to download the property file: https://www.propertyfiles.co.nz/5525518

8 Cheyenne Street, Sockburn

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