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House in Masterton
Investment returning over 6% PA
- 4 Beds
- 2 Baths
This property is perfect if you're looking for capital growth, excellent returns and part of Masterton's history. The 632m2 plot contains TWO fully renovated half cottages with character features. The homes each have 2 double bedrooms, are insulated to code and heating options are a heat pump and logfire. They've been reroofed in coloursteel, are freshly painted and have good storage. The rental return is $620pw which gives a gross return of 6.46%.
Rent them both, live in one and rent the other for home and income, or house an extended family - the choice is yours.
Buyer Enquiry Over $499,000
Set Date of Sale 4pm Thursday 22nd August 2019.
Property ID:
MST20884
Building:
80m²
Land:
632m² / 0.15 acres
Bedrooms:
4
Bathrooms:
2
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