House for Sale
- About this property
Investment OpportunityProperty ID BDW21895Here is possibly the perfect opportunity to take the hassle out of residential investment! With a lease backed guarantee and strong value proposition these Freehold blocks may not be on the market for long!
We have 7 modern and stylish blocks with Master Build Guarantees available to purchase at $1,575,000 each. Are you starting to like the appeal of this investment? Because they also come with an excellent net return!
$90,000 per block, showing 5.8% net return, based on a fully managed lease. A very well established and reputable company leases the property from you and manages all aspects of the operation of the properties a straightforward investment for you! The Lease period is 6 years plus and you will also have 2 x 6 year Right of Renewals.
Each two-storey block comprises of 9 fully-furnished studio apartments with ensuite and kitchenette. The tenants also have access to common kitchen, lounge and dining areas. This secured gated community serves those who live a particular lifestyle whether they be couples or singles. Tenants absolutely adore studio apartments such as these because they are let out fully-furnished to a high quality finish.
These properties have been strategically developed with location in mind handy to transport links to Auckland City and only minutes' drive from the Motorway and Auckland Airport. This is a high growth, high demand location!
Availability is limited, we know by now we must have piqued your interest, so be quick!
If you have any further questions, queries, or wish to request a full Information Pack, please contact Daniel 021868777 or Amy 0211352105.