Papakura Median PricePapakura Median Rent | A59A Takanini Road, Takanini | $780,000 listed in Jul 2014 | Rent $325pw in Nov 2014 | Block of units: 2 | Building size: 280 sqm | Land size: [Measure] | Agent: EVR Limited |
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| ![](http://photos.harcourts.co.nz/954/250/256-RK22726-Papakura-District.jpg) More Photos |
Map | Street view | Nearby | Transport | Property Description: | Be quick - Fantastic positive cash flow block of flats, with immediate upside. Growth and security is the outcome here, and the property is genuinely for- sale.
The property comprises of four large flats: two x 2 bedrooms with internal garaging and two large 3 bedroom flats. All nestled in a quite setting, with most local amenities all within an easy walk. The upside - the property is in need of a little TLC to expose its full potential.
Current rent roll, a massive $70,200 pa, gives this property a whopping 9.% yield on the asking price.
Demand from prospective tenants is very high, which is demonstrated by the high occupancy rate, with long-term tenancies being the norm, thus creating a hassle-free appealing investment.
Promptly contact the listing agent to register your interest. | Property valuation from Government |
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