9 and 9A Frank Street, Koutu, Rotorua, Bay of Plenty
Rateable Value: $264000
High Yield Dual Income
9 and 9A Frank Street have separate titles however the dwellings are co-joined and the owner is offering up both properties together as a superb rental investment opportunity.
With the current tenants paying $480 PW per property this generates a combined total gross income of $49,920 per annum.
At asking price this is a superb 6.67% gross yield opportunity with the additional benefits of a dual rental income stream.
9 Frank Street offers 4 bedroom living upstairs with an internal access to the ground level with carport huge rumpus and multiple storage rooms.
9A Frank Street which is the rear dwelling offers 3 bedroom living upstairs with a self-contained
one bedroom with internal access double garage below.
Your search for a superb dual rental income scenario ends here!