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Bartercard Property

FREE PHONE 0508 BARTER
0508 227 837
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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
bartercard australia
 

Mt Maunganui - 3 Bedroom Townhouse


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RegionBay of Plenty
Property TypeResidential
Asking Price $295,000
Trade Dollars $73,750
Cash Dollars $221,250
Price Notes
Sold Date18/04/2013
VendorJan Joyce
07 575 8888 / 021 711 111
jj@enterprize.co.nz
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Conditions
 
This is a fully furnished apartment close to downtown Mount Maunganui, situated near Blake Park sports ground.

Features:
  • 3 bedrooms, 1 bathroom and a seperate laundry
  • 2 carparks
  • Current rent is $550 per week
  • Consistently returns over $20,000 pa (9% cash on cash returns)
  • Rates are $1609 pa
  • Apartment size is approximately 80m²
  • Chattles include: stove, fixed floor coverings, curtains, drapes, light fittings, TV aerial, furniture package included
  • Construction: block and pallaside construction, long run iron roof
  • Seperate cross lease title
  • No bodycorp
  • Low maintenance
  • Legal Description: Flat 2 DPS 53738 1/6 SH Sec 12 BLK IV Moturiki Town
  • Address is 57 Tawa Street, Mt Maunganui


For more information contact Jan on 021 711 111 or 07 575 8888

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Currently leased out at 32,060 per annum
$189,000 at 90% Trade $30,000 at 50% Trade $342,000 at 50% Trade
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Cameron Owen

09 414 6837