40 Shannon Street and 12 Bantry Street, Alexandra, Central Otago

Location investment in Alexandra

An outstanding opportunity to acquire a fully tenanted, high performing residential investment. Located on a high-profile corner positioned prominently opposite Pioneer Park so very handy - walking distance to central Alexandra.

This property is all in Unit Titles on 2034sqm (more or less) with a gross income of $267,748.

This property comprises of 5 x 1-bedroom units, 2 x 2-bedroom units, a 3-bedroom home, a home divided into 3 single self-contained units and a double garage with extra storage space. Plus, extra space for parking.

All units are fully tenanted with a mixture of mostly periodic and some fixed tenancies in place. All very well-maintained properties.

All properties have Code Compliance Certificate (CCC), Healthy Homes compliant and come fully furnished with a chattels list. The property is well positioned for both passive income and long-term growth with Alexandra's strong rental demand.

If you are looking for a high performing asset, then call now for further information.