Property listing ID: 922262
A rare opportunity for investors seeking secure, hands-off income. This property is leased to Kainga Ora, providing guaranteed rental payments of $30,940 p.a., with 10% retained by Kainga Ora, leaving $27,846 p.a. After rates of $2,445.48 and house insurance of approximately $1,600, your net income is around $25,400 per year. Set in a quiet cul-de-sac, close to schools, amenities, and transport, this low-maintenance, high returning investment offers peace of mind and reliable returns. Constructed of solid materials, this brick and tile home is built to last. Do the numbers – investing in this property should easily beat your returns with the bank. Features: • 2 bedrooms, 1 bathroom • Solid brick construction • Sunny garden front to back • One living room flowing to the garden • Quiet cul-de-sac location • Short drive to the motorway • Minutes from the airport Phone now to receive full details.
Listed by Barfoot & Thompson , Peter Inwood (West Harbour)