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72 Cliff Road Tauranga, Tauranga City

Sold for $1,826,087 on 14 Mar 2022
  • 12 Beds
  • 6 Baths
  • 4 Cars
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72 Cliff Road, Tauranga, Tauranga City

House in Tauranga

INVESTMENT FLATS CENTRAL TAURANGA

  • 12 Beds
  • 6 Baths
  • 4 Cars
Listed By:
Ray White TaurangaDistinction Realty Limited Licensed (REAA 2008)

Expressions of Interest Over $1,950,000
Tauranga has very few multi unit residential rental investments compared to other regional cities. They were never built here in large numbers and most of them have since been individually titled. This one hasn't. Amongst other things this means lower overheads such as rates and insurance (compared to say six individual investments). Super close to the CBD, University, Expressway and harbour bridge to Mount Maunganui. Adjacent to the historical Elms landmark. Six, two bedroom flats on a large 913m2 site. All flats tenanted. Easy stroll to the city Centre. Currently returning $105,040 pa with room for future upsides.

Contact Ian Grindle on 07 213 0855 to discuss

Property ID:

GDL30070

Building:

500m²

Land:

913m² / 0.23 acres

Parking:

4 garage spaces and 2 carport spaces

Bedrooms:

12

Bathrooms:

6

Listed By:
Ray White TaurangaDistinction Realty Limited Licensed (REAA 2008)