18 Waimana Road, Conifer Grove

$8,998,000

20 Bed
20 Bath

SOLID GOLD INVESTMENT, 5% return, BELOW CV


Savvy Investors looking for a guaranteed return of 5% must seriously consider this brand new 20 unit apartment building.
- Leased to Kahui Tu Kaha Limited ( Community Housing Provider ) for 15 years ( 5 + 5 +5 ) at annual rental of $447,200, with annual increase of 2%.
- 1181m2 Freehold Site
- Brand new quality construction Brick & Weatherboard, CCC issued
- Tenant responsible for all regular maintenance
- CV $10,300,000 ( 2021 )

Property details

Location:
18 Waimana Road, Conifer Grove
Property type:
Apartment
Land area:
1181 m²
Bedrooms:
20
Bathrooms:
20
Property ID:
836097
LIM - Land Information Memorandum, Title(s)

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • Takanini School0.8 km
  • Papakura Normal School1.6 km
  • Clayton Park School2.0 km
  • Greenmeadows Intermediate2.1 km
  • Holy Trinity Catholic Primary School2.2 km
  • Te Kura Akonga O Manurewa2.4 km
  • Manurewa South School2.4 km
  • Randwick Park School2.4 km
  • Manukau Christian School2.5 km
  • Manurewa East School2.7 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

Documents for 18 Waimana Road, Conifer Grove

Ask a question about 18 Waimana Road, Conifer Grove

  • {{v}}

There was an error sending your email. Please try again later.

Your email was successfully delivered. We'll be in touch shortly.