9% gross yield at $1,300,000 with $600 per week cashflow positive
9 bedrooms (currently 8) generating $240 per room per week
Strong rental demand for flatting accommodation in Tauranga
258m² floor area providing generous room sizes
Immediate cashflow from day one
Overview
About this property
A substantial 258m² Tauranga property configured for 9 bedrooms across 3 bathrooms, currently operating with 8 rooms at $240 per room per week. Generating $2,160 per week in rental income, the property delivers a 9% gross yield and $600 per week positive cashflow after all expenses. Situated on a 455m² site, this property benefits from strong flatting demand in the Tauranga market with room to optimise income further once all 9 rooms are tenanted.
