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28 Don Street Papakura, Papakura

Sold for $1,685,500 on 2 Oct 2019
  • 10 Beds
  • 5 Baths
  • 5 Cars
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28 Don Street, Papakura, Papakura

Unit in Papakura

FLATS FLATS PAPAKURA $1,800,000 neg

  • 10 Beds
  • 5 Baths
  • 5 Cars
Listed By:
Ray White Flat BushFive AM Realty Limited Licensed (REAA 2008)

C/V $1,775,000 Annual rental income $95,940, an independent rental appraisal suggest annual rental income should be $104,000. The outcome here is great cash flow with capital growth. The complex represents five large purpose built two bedroom units, each unit is complemented with single lockup garaging, all nestled on 1257 m2 freehold park-like grounds. The constructions is beautiful brick, built for longevity. The property offers its occupants an easy environment in which to live and an easy commute to all local and public amenities . The property is situated in a quiet cul-de-sac surrounded by quality real estate
The perfect acquisition for a family trust

All units are tenanted and demand is high from prospective tenants where a vacancy arises, which is demonstrated by the property's high occupancy rate. Long-term tenancies are the norm, thus creating a hassle-free appealing investment.

Contact the listing agent for viewing times

Features:
  • Electric Hot Water
  • Standard Kitchen
  • Electric Stove
  • Joinery: Single Glazed
  • Very Good Interior Condition
  • Lockable Garage
  • Concrete Base
  • Brick Base
  • Fully Fenced
  • Long Run Roof
  • Brick Exterior
  • Excellent Exterior Condition
  • Single Storey
  • Level Section Contour
  • Northerly and Easterly Aspects
  • Urban Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Above Ground Level
  • 5x Single Garage

See all features

Chattels:
  • Curtains
  • Fixed Floor Coverings
  • Light Fittings
  • Stove
Property ID:

DMR22155

Parking:

5x Single Garage

Bedrooms:

10

Bathrooms:

5

Listed By:
Ray White Flat BushFive AM Realty Limited Licensed (REAA 2008)