Quality property, Quality Setup, Quality Location and Quality Rent.
This is a 10 bedroom home and self contained unit that has massive rent. With an overall occupancy level between 90% and 95% it's in constant demand. When you walk through this property you wonder if anyone lives there, it's like a hotel with expanding lounge and kitchen area. There is a mixture of double and single rooms and then a self contained unit which has been rented with happy tenants for some time.
The tenants enjoy living here with the property having won a few years ago an award for the best B&B/Homestay from two different organisations. This property has plenty of options on how to tenant it, and is very low maintenance for a property of this size.
It has a very large living and kitchen downstairs, a large storage area and 3 bathrooms spread out around the house, this added with the extra rooms and self contained unit makes this property a great income earner in a high demand area like Mount Wellington.
Location is awesome, close to public transport both bus and train, cafes, bars, restaurants, supermarkets, schools, golf courses, gyms and the city all within easy access to the motorway or other central routes. Also not far from Sylvia Park - the largest shopping mall in Auckland and close to Tamaki Uni campus.
Why buy a block of flats with all the extra maintenance when you can get this sort of income from one property. This is far superior to any other properties like this around the area.
Pre Tax Cashflow can be anywhere between $15,000 - $25,000+ a year.
There is ample parking space on the property as well as off street parking.
Call Mark to discuss, serious buyers only to view.