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Auckland - Address withheld

Guaranteed return on Investment!

dollar

$614,000

House
House
Bedroom
2
Bathroom
1
Floor area
58m2
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Property details

Listing # MYN7554 | Listed on 13 April 2022

This property is a CASH COW for investors!!

The Unit is leased to Housing New Zealand for a fixed five-year term which expires on 8 June 2024 (With a Renewal Date 9 June 2024 and Final Expiry Date of 8 June 2029). Annual Rent: Net $23,808.00 as well as the water rates being paid in full for you. There are great benefits with this lease arrangement which means Housing NZ take care of all maintenance requirements and fully refit at the end of the lease. They also don't charge management fees.

Let's be clear this is 100% guaranteed income regardless of occupancy. How can you go wrong? Take your investment funds out of term deposit at the bank and guarantee a great return.

This unit is in a cute quiet cul de sac of similar homes well set off the road. The construction is Brick and Tile with 2 bedrooms, 1 bathroom, and an open plan living area. There is a garden patio outback and one allocated parking pad in front.

It generates a guaranteed rental income of $1,984.00 a month and is subject to annual rent review on the anniversary date of the lease so this will keep up with inflation for you.

Amenities close by are: Ranui Train Station, Library, Ranui Medical, Cafes, Waitakere Hospital, WestCity Waitakere, Paremuka Lakeside park, and much more. It is also minutes from the Motorways and Shopping areas.

Only INVESTORS PLEASE!! Viewing by appointment - notice will be required.

Opportunity such as these are rare call us today. Make your move now.

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Additional features

Other park
1 other park
Water closet
1 Separate toilet
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