Smart Investment with Immediate Rental Income

Property listing ID: 933909

Bedrooms
3
Bathrooms
2
Land area
102m²
Price / method
$649,000

Looking for a low-maintenance investment that starts earning from day one? This near-new three-bedroom, two-bathroom townhouse in Manurewa comes with a tenant already in place, paying $695 per week on a periodic tenancy. That works out to $36,140 in gross annual rent, or roughly a 5.6% gross yield based on the $649,000 asking price. No renovations needed, no vacancy period to worry about, just steady income from settlement. The home itself is modern and easy to maintain, with well-sized bedrooms, two bathrooms and off-street parking. Manurewa's location is a bonus too, close to schools, shops, public transport and motorway access, which helps keep the property attractive to tenants long term. Quick facts: • 3 bedrooms, 2 bathrooms • $695/week rent, periodic tenancy in place • $36,140 gross annual rental income • 5.6% gross yield • Near-new build, low maintenance • Off-street parking • Immediate income from settlement Call today to arrange your private viewing.

Listed by Barfoot & Thompson , Baljit S Duhra (Flat Bush) , Naresh Gulani (Flat Bush)