Wonderful opportunity for smart property investors seeking an investment in a very promising location offering you complete peace of mind to the owners with guaranteed rent. Solid, sunny brick and tile 3 bedroom house in the heart of Mangere on flat 429sqm land.
Rented through Housing New Zealand on a fixed term contract with guaranteed rental income till July 2020, current rent is at $2,210.00 per month.
Look at the advantages:
• Guaranteed rent for 52 weeks of the year • $26,520.00 gross pa • Rent reviews every year • Property is managed by HNZ - no dealings with tenants • When lease expires Housing New Zealand will reinstate the property to its original condition (less fair wear and tear) • You have the right to sell with lease in place at any time
The property is close to Auckland Airport, Middlemore Hospital and only minutes drive to Manukau City Centre and Mangere shops.