• 8
  • 3
  • 406
  • 3
$748,000

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!

Subscribe to listing alerts by email

Manage your listing alerts subscription options

Enter your email address and click Continue.

Number of bedrooms
Number of Bathrooms
Subscribe for our listing alerts.

Assigned Agent

Veena Hemingway
Sales Consultant

Request an Appraisal from Veena Hemingway

Wayne and Veena are Rotorua residential property top sales achievers with 171 verified sales since ... Read more
Wayne Hemingway
Sales Consultant

Request an Appraisal from Wayne Hemingway

Wayne and Veena are Rotorua residential property top sales achievers with 171 verified sales since ... Read more

Similar Properties

Sort by:
View:
  • Grid
  • List

Out with the old, in with the New

  • 4
  • 3
  • 361
  • 160
  • 2

Four bedrooms, three bathrooms, and Set in one of Tauranga’s favourite suburbs. This near new family home is hot property. Tucked neatly down the driveway this stylish...

Matua

Bursting with character, 111B Windermere Drive is an extraordinary find. The opportunity to own not only this property but the neighbouring property at 111A is also up...

Poike

Prime Opportunity

  • 3
  • 1
  • 411
  • 1

Potential is bursting here at 111A Windermere Drive, the opportunity to own not only this property but the neighbouring property at 111B is also up for grabs...

Poike

Top of your list

  • 4
  • 2
  • 630
  • 230
  • 2

Set in the peaceful Milford Estate, Papamoa Beach this stylish family property is finally the home you have been looking for. Still under warranty this spacious 230...

Papamoa Beach

Brand New For You

  • 3
  • 2
  • 574
  • 162
  • 2

Looking for low maintenance with all the bells and whistles. This stunning newly built, double glazed home comes complete with a master builder’s guarantee and built by...

Poraiti

Hot Hot Property

  • 3
  • 1
  • 827
  • 140
  • 1

Space and location are one of the many features this 140sqm home in sought after Onekawa offers. Well maintained, this solid home offers a compliant wood burner...

Onekawa