SET AND FORGET PROPERTY INVESTMENT

Here is a hassle free, low maintenance investment with an attractive nett rate of return - 6.5% (conservative estimate). This is calculated at $215,000 asking price.

Excellent occupancy record. Long term management contract with Massey University ensures minimum monthly income is guaranteed (i.e. occupied or not).

•Last year's (2015-2016) average monthly net income $1,231.00 (including rates)
•3 bedrooms - student accommodation - rented by the room
•2016-2017 gross room rental $195 / room / week
•(i.e. $585 / week gross for 3 rooms)
•Efficient well managed student accommodation complex
•The Cube on Taranaki Street is a high demand student residence option
•A well established and proven investment performer

$215,000 (BEO) ensures your returns should comfortably achieve 6.5% nett per annum. As bank interest rates remain low this has to be great buying for savvy investors.

Call now to find out how it works.

(N.B. Investment only option - NOT FOR OWNER OCCUPIERS).

For more information contact John Kettle - Apartment Specialist
EM: jkettle@tommys.co.nz
MB: +64 27 443 1355