Annupuri Housing Complex
SOLD
Annupuri Housing Complex
SOLD
About this property
This humble yet extremely practical and functional housing complex is conveniently located in the shortcut between Route 343 and Route 66. It is a few minutes drive to Annupuri, Moiwa Ski Resort and Milk Kobo.
It comprises of 3 ”A” huts, an apartment block with 3 units (2 x one bdrm 1 x 2 bdrm), a log house (4 bedrooms) and a huge shed which double up as a second garage. It has a spectacular view of the ski hills and sits on the edge of a pine forest and farmland, which means all sides are protected.
Currently, all the “A” huts and the apartments are rented out with a steady income of about 4% net yield. The log house is being used by the owner but was used as a lodge in the winter which could increase the yield to over 5%.
The price includes two extra pieces of land which have direct immediate road access please refer to the block map and detail as below;
a)353-8 – 257m2
b)338-5 – 348m2
These provide added value for the potential of a perfect sizable house to be built in the future.