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Bartercard Property

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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
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Gore - 1950s Art Deco Renter - Tenanted (10.8% Return On Cash)


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RegionSouthland
Property TypeResidential
Asking Price $184,000
Trade Dollars $64,000
Cash Dollars $120,000
Price Notes35% Trade
Sold Date29/10/2014
VendorSaffron
029 773 1304
themulhollands@xtra.co.nz
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Conditions
 
1950's Art Deco Renter

Features:
  • 3 bedroom home plus office or 4th bedroom
  • New roof, flashing, hot water cylinder and new carpet
  • Large single garage
  • House size: 120sqm
  • Land size - 592sqm
  • Rates: 2,041.11 pa
  • Rent at $250 per week (10.8% return on cash investment)
  • Tenants on periodic agreement, happy to sign on for long term
  • 111 Kitchener Street, Gore

For more information please contact Saffron on 029 773 1304.

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Cameron Owen

09 414 6837