8% YIELD IN SOUTH AUCKLAND, LEGAL HOME & MINOR DWELLING

Listing Number:  1643
Posting Date:  24 October 2009






 
Price:$403,000
Listing:8% YIELD IN SOUTH AUCKLAND, LEGAL HOME & MINOR DWELLING
Type:Home and Income
Category:Private Sale
Bedrooms:5
Bathrooms:2
Region:Auckland
Site Area:158 m2
Address: Login
Building Area:733 m2
Property Image

Description:

Fantastic cashflow returns on this permitted legal property.

3 bedroom 1960ís tidy and solid weatherboard house, with iron roof and aluminium windows. It has 1 bathroom which has been fully renovated, separate toilet, separate laundry, lounge with open fire and open plan kitchen/dining area. Outside there is a deck with ranchslider access from dining room and back door.

Property Size: 733m2
Double garage, palliside exterior with longrun roofing, and plenty of off-street parking.

The modern 2 bedroom minor dwelling was built around 2004 and has 1 bathroom, and open plan living with tiled kitchen floor and laundry. Constructed of iron roof, with palliside cladding it is extremely tidy and inviting.

Located 1.5km from the Southern Motoway interchange, only a few minutes walk 500m from the Southmall Shopping Centre, Manurewa shops, supermarket, schools, churches, and Manurewa railway station, this is a great location for your tenants.

Approximately 25 minute commuting time to Auckland CBD.

Both dwellings are currently tenanted:
3 Bed $310pw can be increased to: $330pw
2 Bed $280pw can be increased to: $290pw

Rates: $1534pa
Potential Rental income: $620pw

Ring me now for more info or to secure this brilliant cashflow positive investment.

Call 027 236 8236 or email: rocksound@xtra.co.nz