NOTE: This property is leased to Housing NZ until 2021. It can not be purchased to live in until the lease expires.

Finding it hard to secure an investment property at the right price?

Worried about the hassle of managing your investment property?

Looking for something low maintenance in a High Growth and Popular South Auckland location?

If you’ve answered yes to the above questions, stop the search. 2 Capital Place, Papatoetoe is the perfect investment where the hassle is all taken care of. Available is this 4 year old 4 bedroom, 2 bathroom brick and tile home on its own 468m2 freehold section. Situated among other homes built at the same time, the property is leased to Housing New Zealand until 2021. Your rent is guaranteed for 52 weeks. No rent arrears to worry about here.

The property has annual rent reviews with the next one due in March 2015. The current gross annual rent is $24,700.

There is plenty of off street parking in addition to the double internal access garage and the house is approximately 150m2 in size.

Agency reference #: DHA2606