Investment Whangarei – It’s all about finding the right property.
Whangarei’s steady tenant demand and rising rents in 2018 make a multi-family development complex a great choice. Demand should be high as potential tenants prefer new construction over older existing builds which will be the case especially in central locations such as these properties.
First Avenue is an ideal place to be an owner of multi-family properties.
The development of this property will entail the typical hurdles that most developers face when getting approval for a residential development. Land development approval will be required.
Those in the know forecast an increase in demand for rentals. This means less vacancies and excellent rental yields for owners. As Whangarei grows so will employment.
This confirms the belief that this property should be redeveloped with units or town houses. It’s your opportunity to be ahead of the competition.
Call Gwen for your personal viewing – Fridays between 3 and 4pm.
Bathrooms: 3 in total
Garages: 3 in total
Location: Whangarei Central
Property ID #: GGW60135
Land Area: 1012m2 each