Investors - High Yield Low Tax Bargain

Property listing ID: 813775

Bedrooms
3
Bathrooms
2
Garage
1
Covered parks
1
Price / method
Sold July 2021 for $170,000

Investors you will love the numbers here - the yield represents around 7% net. This leasehold property has tax benefits. Whilst investors will no longer be able to claim mortgage interest rates as an expense from October 1, the ground rent payments can be claimed against rental income. First home buyers, this property is likely to be affordable for you. Imagine no longer paying rent. It might be possible for you to purchase with no mortgage. Call us today to discuss. This tidy three level terraced house has three bedrooms, two bathrooms and a single garage. There is a courtyard garden off bedroom three. Beautifully maintained this smart terraced house has recently been fully reclad with weatherboard and has a new roof. Both investors and owner occupiers alike will appreciate this centrally located property. So close to Auckland City Hospital, The University of Auckland, Parnell village and the city. Zoned for Parnell School, Auckland Girls Grammar and Epsom Girls Grammar. Waste no time to view. This is an urgent sale and will be sold.

Listed by Barfoot & Thompson , Parnell Residential Sales (Parnell)