1 and 2 - 58 Paynters Avenue, Strandon, New Plymouth

Two units, double the cashflow

With the new Government's reinstatement of mortgage interest deductibility for rental properties and the pending reduction of brightline requirements, the future is shining brighter for property investors. There's no better time to start or add to your rental portfolio with a property that ticks the 'great investment' boxes - twice!

Located in ever-popular Strandon, close to local schools, great amenities and the beach, this attractive investment opportunity offers two self-contained, two-bedroom dwellings. Currently returning a combined $1,110 per week, continue to earn rental income on both properties, or choose to live in one and rent the other. The existing fixed term tenancies run to September 2024.

The upstairs unit has an open and airy feel, with a sunny conservatory and internal carport access, while the downstairs dwelling opens to the easy-care flat garden, perfect for those looking for a single-level home.

Attractive now and for the future, each unit sits on a separate cross-lease title, giving you the freedom and flexibility to sell the dwellings separately in years to come. Healthy Homes Compliant and attractively presented with contemporary kitchens and bathrooms, you're set for success as soon as you take possession.

Current CV's:
1/58 Paynters Ave - $440,000
2/58 Paynters Ave - $450,000