Guaranteed lease, Guaranteed income

Property listing ID: 462956

Bedrooms
3
Bathrooms
1
Garage
1
Covered parks
3
Off-street parking
2
Land area
342m²
Price / method
Sold March 2013

Just about 1 year old, only 3 available! This is a low maintenance, recently completed (with CCC issued) 3 bedroom, brick and weatherboard clad home with concrete tile roof and aluminium joinery. Housing NZ Corporation have signed leases for your guaranteed income. Make an investment in property that you can see with a Government guaranteed lease in place which will give you a guaranteed monthly income for the 10 years (plus 5 years ROR) of the lease. At the end of the term the Government undertakes to either extend the lease or to refurbish the property and return it to your control. In current market circumstances, what else can be better than the guaranteed income? And for that long term? So be quick or you miss the golden opportunities to own it.

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