Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Raumanga Heights

2 Tennyson Street, Raumanga Heights, Whangārei

Watchlist
Share
Property files
6 Bedrooms
3 Lounges
3 Bathrooms
701sqm Land area SQM
Property files
Video

Three income streams, one investment


Generating a combined rental income of $1,350 per week ($70,200 per annum), this fully tenanted multi-unit investment presents an opportunity to secure three income-producing units on a single title. Instructions are clear and the property will be sold.

With three two-bedroom units, the property provides immediate cash flow and the benefit of three separate income streams, helping to reduce vacancy risk while delivering consistent holding income from day one.

The units offer a practical layout and is well suited to the local rental market, while the convenient location provides easy access to schooling, public transport, local amenities and central Whangārei.

Whether you're looking to expand an existing portfolio or secure a high-yielding asset with established tenants already in place, this property deserves serious consideration.

Contact Kenni Witt on 021 255 4240 for further information or to arrange a viewing.

Key features


Investment

Fully tenanted investment returning $70,200 per annum with three established income streams.

Opportunity

A rare opportunity to secure multiple income-producing dwellings under a single ownership structure.

Income

Three separate tenancies help reduce vacancy risk while providing consistent cash flow.

Location

Positioned close to schools, public transport, local amenities and central Whangārei, supporting ongoing tenant demand.