Listing Description
Worry Free Investment with Guaranteed Returns
3/11 Lawford Place, Mangere, Manukau City, Auckland
Asking price $535,000
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Parking | 1 Car Garage |
| Agency reference | 922262 |
| Broadband in the area |
Description
A rare opportunity for investors seeking secure, hands-off income. This property is leased to Kainga Ora, providing guaranteed rental payments of $30,940 p.a., with 10% retained by Kainga Ora, leaving $27,846 p.a.
After rates of $2,445.48 and house insurance of approximately $1,600, your net income is around $25,400 per year.
Set in a quiet cul-de-sac, close to schools, amenities, and transport, this low-maintenance, high returning investment offers peace of mind and reliable returns. Constructed of solid materials, this brick and tile home is built to last. Do the numbers – investing in this property should easily beat your returns with the bank.
Features:
- 2 bedrooms, 1 bathroom
- Solid brick construction
- Sunny garden front to back
- One living room flowing to the garden
- Quiet cul-de-sac location
- Short drive to the motorway
- Minutes from the airport
Phone now to receive full details.
See interactive features for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
Open home times
- to
Property Files
Discover more about this property.
Request the files from Peter.
Local Schools
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.