Real Investment Opportunity in Riverhead!

1064-1068 Coatesville-Riverhead highway, Riverhead, Auckland

    Rental Income$545.00
    Property Size:59m²

    Real Investment Opportunity in Riverhead!

    This development by the experienced Falconer developers is located at 1064 - 1068 Coatesville-Riverhead highway and is also partly on 23-25 Alice Street in Riverhead, Auckland - across the road from the large Riverhead sports grounds.

    A 25 minute drive from downtown Auckland, Riverhead offers community spirit and support to many local businesses, including sports clubs and cafes. Riverhead is also home to one of New Zealand’s most historic riverside taverns, which is
    a focal point for scenic boat trips on the Waitemata Harbour. Riverhead is a small, historically predominantly working-class town located at the head of the Waitematā Harbour in the north-west of Auckland that has seen an explosion
    in development over the last few years - the region around Riverhead and the neighbouring towns of Kumeu and Huapai is known for its vineyards.

    The Apartments are the first units to come to the market in the Stone Mill development and they are being released at $21,000 below valuation!!

    • 2 bed 1 bath 59m2 apartments plus a loggia and a deck with valuation of $620,000 - available for now at at $599,000!
    • Once initial sales are confirmed the prices will be increased.
    • With Rental Appraisals circa $545 a week these are a great investment
    • Expected start date April 2019 with completion in 14 months.

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