4 Longwood Avenue Mornington Otago - Property Details

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4 Longwood Avenue, MORNINGTON

SOLD

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SOLD

Property Type Apartment

5 one bedroom flats on 5 Titles.

One property for sale operating as 5 flats, 4 built in the 1970s and 1 in 1980 with exterior freshly painted. Five one bedroom units each on its own "Unit title" title with their own assigned off-street parking. The convenient location for singles or couples definitely adds to the history of these flats being easy to let, with such easy access to the Mornington supermarket, shops, cafes, pub/restaurant and services. And one can quick-time drop on down to the city centre as well.
These are smart units that you could add value to with a refurb. There is room for a rent review too as the long-term nature of tenants has resulted in a price friendly rental income.
And there are options here.. to retain ownership of all 5 units, or to sell some and keep some?
Live in one and rent the others even...
This is "a highly attractive investment opportunity" with options.
Your interest is invited and your inspection, highly recommended.

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