With the Government as the tenant - guarantee rent roll. The perfect acquisition for the first time investor, or overseas investor who wants minimum day-to-day involvement. The tenant is the New Zealand Government, who has a further right of renewal, all the way through to October 2020, and the rental income is adjusted annually with the rate of inflation (CPI). Just how good is this.
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The outcome here is simple: security and capital growth and minimal fuss and longevity. It represent a pure residential investment -Either empty or full, the rent roll is guaranteed, you are the winner, coupled this with the property's location and its freehold title: the benefits are obvious - I am happy to discuss this in detail with you.
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The property comprises of a beautiful purpose built brick and tile 2 bedroom townhouse, modern fitting throughout, with single internal garaging. The annual rent roll of $16,640.00 just keeps on rolling in. The property is well located offering easy access to all local amenities, public transport and schools.
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Or for the serious investor, buy all three refer to listing EL22688 and EL22683.
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Contact the listing agent to express your interest. This property represents an easy buy and there are three available.