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619 Norsewood Ormondville Road,
Dannevirke, Tararua District
NZD 675,000
Property details
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Agents
Ray White Manurewa: A T Realty Limited Licensed (REAA 2008)
182 Great South Road, Manurewa Manukau City 2102
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10% GROSS YIELD PRICE $780,000
A little cracker of an investment with further upside, located in the quiet settlement of Ormondville, just 22 km northeast of Dannevirke.
Ex Council flats built for longevity are these very pretty 6 x 1 bedroom units in two blocks of 3 which are healthy homes compliant. Nestled on 1255m2 freehold land.
Current rental income is averaging $250 per week per unit and these units could with a little freshening up, be demanding upwards of $300 per week per unit at their next rental reviews.
An in-demand property from prospective tenants is shown by its high occupancy rate, where long-term tenants are the norm. Thus creating a hassle-free investment.
A simple and uncomplicated rock-solid investment, professionally managed and much sought after.
Contact listing agent for viewing times.
PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.
Ex Council flats built for longevity are these very pretty 6 x 1 bedroom units in two blocks of 3 which are healthy homes compliant. Nestled on 1255m2 freehold land.
Current rental income is averaging $250 per week per unit and these units could with a little freshening up, be demanding upwards of $300 per week per unit at their next rental reviews.
An in-demand property from prospective tenants is shown by its high occupancy rate, where long-term tenants are the norm. Thus creating a hassle-free investment.
A simple and uncomplicated rock-solid investment, professionally managed and much sought after.
Contact listing agent for viewing times.
PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.
Explore the area
School catchments
- Norsewood and Districts School Full primary Years 1-8 State 6.1km
- Takapau School Full primary Years 1-8 State 11.7km
- TKKM o Takapau Full primary Years 1-8 State 11.8km
- Totara College of Accelerated Learning Composite Years 1-15 State integrated 15.8km
- Flemington School (Waipukurau) Full primary Years 1-8 State 15.9km
- Huia Range School Full primary Years 1-8 State 16.6km
- Dannevirke High School Secondary Years 9-15 State 17.2km
- St Joseph's School (Dannevirke) Full primary Years 1-8 State integrated 17.7km
- Dannevirke South School Full primary Years 1-8 State 18.3km
- Sherwood School (Hawkes Bay) Full primary Years 1-8 State 19.2km
- TKKM o Tamaki Nui A Rua Composite Years 1-15 State 19.4km
- Ongaonga School Full primary Years 1-8 State 25.4km
- Ruahine School Full primary Years 1-8 State 26.2km
- The Terrace School (Waipukurau) Full primary Years 1-8 State 26.7km
- Waipukurau School Full primary Years 1-8 State 27.7km
- Central Hawkes Bay College Secondary Years 9-15 State 27.9km
- St Joseph's School (Central Hawke's Bay) Full primary Years 1-8 State integrated 28.1km
- Te Aute College Secondary Years 9-15 State integrated 44.3km
- Te Kura aa Iwi o Ngaati Kauwhata Composite Years 1-15 State 51.7km
- Hato Paora College Secondary Years 9-15 State integrated 51.7km
- Tararua College Secondary Years 9-15 State 53.0km
- Cornerstone Christian School Composite Years 1-15 State integrated 57.7km
- Freyberg High School Secondary Years 9-15 State 59.8km
- Feilding High School Secondary Years 9-15 State 59.9km
- Mana Tamariki Composite Years 1-15 State 61.2km
- St Peter's College (Palmerston North) Secondary Years 7-15 State integrated 61.3km
- Palmerston North Boys' High School Secondary Years 9-15 State 61.6km
- Palmerston North Girls' High School Secondary Years 9-15 State 61.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Greig Kirby
Contact Greig Kirby
Greig Kirby
619 Norsewood Ormondville Road, Dannevirke 4930
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Greig Kirby
619 Norsewood Ormondville Road, Dannevirke 4930