This modern 4 bedroom brick home is currently under lease to Housing NZ.
Your income is guaranteed for the next 3 years and is indexed to the CPI with annual rent reviews, once the lease expires you can decide what to do with your investment; possibly re-lease again or put the property onto the open market and take advantage of any capital gain.
The property is in an upcoming area which is experiencing lots of growth both residentially & commercially. Located handy to transport and shops makes this a location which will only become more popular.
The house has 4 double bedrooms, a large bathroom which includes a toilet as well as a separate toilet for convenience.
The open plan living area opens out to the yard via a north facing ranch slider, ideal for barbeques in the sun.
There is an internal access garage which typically houses the laundry.
In the meantime you don’t do anything as the property is completely handled by HNZ and the net return is deposited monthly into your nominated account.
If you are looking for a property investment which you can leave alone to quietly accumulate, come and check this out…….. it makes good sense.

Agency reference #: RX164138