Gisborne
3 x 1 bedroom units
170m² floor area · 723m² freehold corner site
Overview
About this property
A multi-income Gisborne property comprising three 1 bedroom units, generating $1,280 per week in combined rental income across 170m² of floor area on a 723m² freehold corner site.
With three self-contained units under one roof, this property offers diversified tenancy risk and strong day-one cashflow. Suitable for investors seeking a multi-income Gisborne asset.
Three income streams
| Unit | Configuration | Weekly rent | Annual |
|---|---|---|---|
| Units 1 - 3 | 3 x 1 bedroom (combined) | $1,280 pw | $66,560 |
| Total | $1,280 pw | $66,560 |
Why this property
- Multi-income Gisborne property with three 1 bedroom units
- 8.9% gross yield with $140 pw cashflow positive after all expenses, based on 100% borrowing *
- $66,560 annual gross rental income across three self-contained units
- 723m² freehold corner site
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* Cashflow figures are based on 100% borrowing at current interest rates and after expenses including rates, insurance and property management. Individual results may vary. This information is provided as a guide only and does not constitute financial advice.