When the tenant is confirmed until 2022, and the returns are better than money in the bank, the last people you want to tell are the banks!
A plethora of options is available for an array of purchasers at all levels at 77 Bordesley Street.
Six, one-bedroom freehold homes, concrete tilt slab, constructed the early 2000s with private outdoor areas and off-street parking are ripe for your picking.
Currently leased to Housing New Zealand until 2022 and in addition to record low-interest rates, the dollars certainly make sense.
- $6,000 per month
- $72,000 per annum
- Until 2022
- CPI annual rent reviews
- Fully managed by HNZ
- HNZ reinstatement clause
- No vacancies
- No having to find tenants
- No headaches
If you’re wondering about your next move and not sure what turn the property market is going to take, or you want your money in the bank to work harder for you, sleep easy with returns until 2022.
Whether you are interested in purchasing one unit, or the block. Don’t delay in contacting me today for further information.
Commercials for the block (6 units):
• Income p.a: $72,000 (Net HNZ fee)
• Insurance: $2,313 pa (incl GST)
• Rates: $7,436
• Expenses p.a: $9,749