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For Sale
14 & 14A George Street, Morrinsville, Waikato, 3300
4 Bed | 2 Bath | 2 Car | House
Price by Negotiation
Sold On
1 January 1970
Dual Income | Separate Titles | Prime Investment
Buy One or Both!
Introducing a standout investment opportunity offering two unique homes on separate titles. Situated in a sought-after location these properties deliver an immediate income stream with plenty of potential to add value. Good rental properties have always been hard to find in Morrinsville due to a lack of supply, otherwise take advantage and make them home by getting on the property ladder with your friends and family!
Each home features a semi-open plan living through to the kitchen, two bedrooms, two bathrooms, a separate laundry and a carport each. Both properties' exteriors and the roof have recently been repainted as well as additional landscaping in the gardens.
14 GEORGE STREET
417m2 Freehold Title and a current Capital Value of $520,000
The tenant is coming up to 1 year in the home and is currently paying $450 p/w
The 2 bedrooms have recently been re-gibbed and painted along with new carpet throughout.
14A GEORGE STREET
392m2 Freehold Section and a current Capital Value of $485,000
The tenant has been in place approx. 18 years and is currently paying $350p/w.
Both are currently on periodic tenancies, delivering a solid combined income of $800p/w, with immediate returns ensuring long-term value for discerning investors. Updated rental appraisals are available.
Location is key, close to Campbell Park, Morrinsville Golf Club and minutes’ to the township for your local amenities and restaurants. Families will also appreciate zoning for Morrinsville Primary, Intermediate, and College schools, making this a sought-after choice for families.
LM Realty is here to do business with all agents and their buyers, talk to us for more details.
For an info pack or a private viewing, call Leon 027 389 4714 or Chane 021 204 3133.
*Specified floor and land area sizes have been sourced from Property Guru and/or LINZ. We recommend you seek your own independent legal advice.
Property Details
Property Type: Residential
Land Area: 809 SQM
Floor Area: 128 SQM
Property Features
Statement of Information
Documents
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