Bank Mortgage will be less than $25,000 per annum ( $480 per week ) if you fix at current low mortgage rate.
So enjoy low interest rates and straight away equity (CV $750,000) plus capital growth.
This is one of the best single level brick and tile property in Favona on freehold site of 600m² and floor area of 166m². Featuring 4 bedrooms, 2 Bathrooms & Toilet, Double Garage and sunny outdoor area for summer BBQs and for kids to play around. Corner site but quiet.
Handy To Motorway, short drive to Mangere Bridge Village and Mangere Town Centre.
This property is leased to Housing New Zealand until 2024. Note - Housing NZ will fully renovate the property before handing over in 2024.