For the astute investors, this is an opportunity for you!
This beautiful brick and tile property sits on 395sqm (more or less) freehold section. It features 5 bedrooms and 2 bathrooms, single garage plus off street parking for 2 more cars.
Location is key and this house is located a couple minutes’ drive from the SH20 on/off ramp, and only a few minutes drive to Mangere Town Centre.
Currently this property is tenanted with just over 5 year lease (until Dec 2027) to Kainga Ora (Housing NZ) so rental income is guaranteed.
Rates approx $2,560.28 per year
According to the link below, Social Housing qualifies for full loan interest deductibility. We recommend you confirm with your accountant prior to purchasing.
https://taxpolicy.ird.govt.nz/publications/2021/2021-other-interest-limitation/2-properties-not-affected
Viewing is by appointment so please contact Tina Lum on 021 653818 or Fai Sonthong on 021 244 3899.
