Property listing ID: 940261
If you’re looking for an investment that offers stability, reliable rental income and minimal day-to-day hassle, this modern three-bedroom home deserves your attention. Set on a 354sqm freehold site with approximately 120sqm of internal living, this practical single-level home offers three generously sized bedrooms, one bathroom plus a separate toilet, and a single garage providing convenient off-street parking and storage. The functional layout is well suited to family living, while the private, easy-care backyard provides a lovely outdoor space to relax, entertain or enjoy with family. The real standout is the fixed-term Kainga Ora lease through to 30 November 2032, providing a long-term tenant and a dependable gross annual rental income of $35,040. With a secure lease already in place, you can enjoy consistent income while avoiding the usual concerns around tenant turnover and vacancy periods. Combining a low-maintenance property, long-term lease and reliable rental income, this is an appealing “set-and-forget” investment and a smart addition to any property portfolio. Don’t miss this opportunity! Contact Selina today to arrange a viewing and secure this exceptional investment.
Listed by Barfoot & Thompson , Selina Zheng (City)