52 weeks guaranteed rent with annual CPI adjustment Minor maintenance paid to $5,000pa 3 bedroom home on a freehold title Leased until November 2014 with 5 year right of renewal Annual rent currently $14,885

Looking to avoid rental horror stories? This property, with a Housing New Zealand lease securely in place paying you rent 52 weeks guaranteed will certainly help. With a right of renewal in November 2014 for another term of 5 years, final expiry November 2019 and an income of $14,885 per annum (before 10% lease margin (management) deduction) and a minor maintenance paid by HNZ this investment certainly stacks up.

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