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Representing an outstanding income earning opportunity on the outskirts of the inner-city, this five-bedroom property enjoys an exceptional 10.4% gross yield and provides buyers with a desirable hands-off investment.

Constructed across three levels and playing host to five lock-off bedrooms with ensuites, the floor plan also contains a communal living zone that incorporates the kitchen, dining area and a lounge.

During the vendors 12 months of ownership, the home has been fully occupied and well-managed by a property manager, which will give confidence to potential purchasers.

Conveniently located near the beating heart of Addington with its vibrant eateries and amenities, it's also less than five minutes' drive from the central city, which only adds to the appeal.

This property is expected to attract considerable attention, particularly with interest rates remaining incredibly low and demand for affordable rooms at a high.

The vendor is reluctantly parting ways with this property to pursue other business interests, and therefore, this high yielding investment demands your earliest inspection. Contact me for more information.

Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.