House for Sale

13a Anzac Avenue Morrinsville, Matamata Piako District 3300

$544,000Play Video
  • 5 Beds
  • 2 Baths
  • 2 Cars

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House for Sale in Morrinsville

Investment - 6.5% Return

  • 5 Beds
  • 2 Baths
  • 2 Cars

Yes you read it right, we are looking at a 6.5% gross return on the asking price.
The property is made up of a three bedroom home at the rear of the property, and a Duplex at the front. The Duplex is a one bedroom and a bedsit. All currently tenanted and returning $34,320 p.a, which increases to $35,360 p.a on the 11th May 2018 to show 6.5% return.
The land area is 1009m2 which may lead to redevelopment in the future. Properties showing a positive return are becoming increasingly hard to find in this market, so I believe if return is important to you, you will want to check this property out.
The property is to be viewed by appointment only, so call me today to check out this opportunity
Don Sargent 027 766 0080.

  • Electric Hot Water
  • Standard Kitchen
  • Separate Bathrooms
  • Combined Lounge/Dining
  • Electric Stove
  • Insulation: Yes
  • Joinery: Wooden
  • Carport
  • Wooden Base
  • Partially Fenced
  • Iron Roof
  • Weatherboard Exterior
  • Fair Exterior Condition
  • Single Storey
  • Level Section Contour
  • Urban Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Below Road Level
  • Shops Nearby

See all features

  • Curtains
  • Drapes
  • F/Floor Cover
  • Light Fittings
  • Stove
Property ID:





1,009m² / 0.25 acres


2 garage spaces and 2 carport spaces







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