Auckland - 4 Bedroom + 2 Bedroom Sleepout on 809m2 - 9.6% Yield - $354 | New Zealand Real Estate Investment Property Deals.

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NEXUSPROPERTY

Listing:	AUCKLAND - 4 BEDROOM + 2 BEDROOM SLEEPOUT ON 809M2 - 9.6% YIELD - $354
Type:	House : Minor Dwelling Potential
Category:	Double Settlement	Bedrooms:	6+
Price:	$354,000	Bathrooms:	2
Region:	Auckland	Site Area:	809 m2
Address:	Login	Building Area:	120 m2

Description:

Everything is done here !!. This property is in immaculate condition inside and out, new carpet, paint, kitchen etc. The sleepout has been done up to the same high standard.

Cashflow Positive by $169 pw

Large fully renovated 4 bedroom solid weatherboard house, with a 2 bedroom sleepout also renovated to very high standard, situated on a large subdividable fully fenced 809m2 section.

This type of property is very popular with families due to the extra rooms and living area in the sleepout and the large fully fenced sunny section for kids to play. This property is close to the train station and only minutes from the motorway access. Also close to schooling and CDB. This property is very well located.

Rental appraisal for the property is $650pw which is 9.6% Gross Yield !!

Registered Valuation is $365,000.

This property is cashflow positive by $169pw or $8,800pa (based on 100% borrowing at 6.5% minus all expenses).

Purchase Price: $354,000
Rental Appraisal: $650pw or $33,800pa
Gross Yield: 9.6%
RV: $365,000
Building: 120m2
Land: 809m2 Subdividable (subject to council approval)
Rates: $1,315.57

These type of properties don't hang around long so please if you have any interest in the property please get in contact with me today.

Interested ? what to do next ...

Email me at shane@nexusproperty.co.nz or call me and have a chat about it on 021 182 6547

If you do wish to secure this property, please contact us ASAP as it will be sold on a first in first served basis.

www.nexusproperty.co.nz

Additional Photographs:

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