Rateable Value is $340,000 - Priced at $309,000 - What more could you want?
This five year old modern townhouse, with a smart layout, low maintenace and lease with Housing New Zealand is an opportunity knocking.
H N Z is responsible for managing the property so the owner has no active involvement.The lease runs for 10 years from 30 June 2010 with 5 year right of renewal.
Currently rented at $380 per week / $19,760 per annum - a good return.
My vendors have decided to head north for family reasons.
A great investment opportunity.
Viewing by appointment.