HOME & INCOME, BRICK & TILE SOUTH AUCKLAND 7.7% YIELD

Listing Number:  170
Posting Date:  17 August 2007






 
Price:$390,000
Listing:HOME & INCOME, BRICK & TILE SOUTH AUCKLAND 7.7% YIELD
Type:Home and Income
Category:Assignment
Bedrooms:5
Bathrooms:2
Region:Auckland
Site Area:620 m2
Address: Login
Building Area: 
Property Image

Description:

This property is a Home and Income in South Auckland providing a solid yield in a good growth area. The property consists of a 3 bed brick and tile home on the front with a separate 2 bed hardiplank dwelling on the rear, providing a combined income of $580/wk 7.7% yield on purchase.

There are not many more properties around this area where there are 2 dwellings on one title that you can pick up for under $400k!

Both properties are in good tidy order and the tenants want to stay on. There is a double carport on the property and off-street parking for the front house also. The property is close to schools and in walking distance to the shopping area.

Unconditional Date 21 August
Deposit $20,000
Settlement 45 days after unconditional

Please contact me for more details.