Description

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.

Details
Features
Property Features
  • House
  • 5 bed
  • 2 bath
  • 1 Parking Spaces
  • Land is 395 m²
  • Garage
  • 2 Open Parking Spaces
Video
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Tina Lum
Real Estate Salesperson