Superb townhouse with three double bedrooms, 2 bathrooms, open plan living, lovely back garden and internal access garaging. In very good condition, long term tenants are happy to stay. Guaranteed income with an 8 year Housing New Zealand lease in place from 2012, with right of renewal. Returning aprox $19,704 per year (net of HNZ fee) with next CPI Adjustment in Nov 2014. Housing NZ takes care of any minor maintenance (up to $5000) and reimburses water rates. Body Corporate fees apply. Very central, at walking distance to public transport and Henderson shops, park, schools and amenities. Vendors are overseas and looking to release their asset, the chance is yours!