Anyone has any investment property in Turangi? What is the yield like? Is it easy to rent the property out?
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There's some really good buying there but the quality of the tenants is pretty poor from what I've seen. Tried to tenant a property there for a while and have literally had "people" come in and request it for free otherwise there could be an accident. That was a fairly special purpose property and had a commercial consent but it still took 2 years to find a decent tenant.
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