Stress free investment and future home

Look no further if you have been searching for the perfect balance between investment and your very own home. This property is a spacious 5 Bedroom family home with brick and concrete base exterior on a flat freehold land title. The stress free part about the property is that it is currently under lease with Housing NZ (HNZ) and will be so until year 2023. During the lease term, the new owner of the property will be paid $2816.67 (gross) monthly, and this is guaranteed whether or not the property is tenanted or vacant until the lease expires. The CPI adjustment date is every anniversary date from the commencement date of the current lease. At the end of the term, the house will be refurbished back to the condition when the house was initially leased out, if you decide not to sign the lease back. How stress free is that!! The home is available at a very affordable range, and it could be your perfect option to buy now and capitalize on the property until you are ready to move in yourself or re-sell in future. This is an extremely rare opportunity in Auckland for a 5 bedroom brick house. The house is located very close to Motorway 20, which will give you super easy access out towards both Manukau and Auckland central. It is also only 10 Min's drive to Auckland airport. The vendor's instruction are clear. "This home MUST BE SOLD!"

Viewing strictly by appointment only.