The directors of this investment unit have clearly instructed me to sell it! As now this is Surplus to their requirements. This 'Leasehold' five bedrooms, three bathroom townhouse offers attractive investment returns. Rented to nice tenants who are happy to stay on with their fixed term currently to October 2018. A two-level townhouse in very tidy condition boasts open plan living, downstairs lounge, dining, kitchen with 1 double bedroom and bathroom. Upstairs 4 double bedrooms with one bathroom, master bedroom has an ensuite with walk in wardrobe. The upstairs super large rear bedroom can also be divided into two double bedrooms. This room enjoys landscaping views and deck access. The upstairs rear deck has attractive views overlooking the Manukau Harbour across to Mangere Bridge to enjoy the westerly aspect setting sun. Off the lounge ranch-slider is a cosy private courtyard to relax outdoors or BBQ. Complete with Internal access tandem garage plus one off-street parking space provides good options for tenants. Currently rented at $725.00pw. This property is well maintained with a long-term maintenance plan offers a great investment opportunity not to be taken lightly here. Onehunga Beachfront Esplanade Reserve not far away and Jellicoe Park with gymnasium and pools just up the road. Close to transport train, bus and motorway links. Onehunga Mall, Dress Smart and Caf's. Cash flow forecast for 2018 Gross Rent, $2900 x 12 = $34,800.00 Less overheads, Lease $15,672.64 Body Corp Fees $765.80 Rates - Auckland City $ 1,892.40 Surplus per annum $16,469.16 Note: Water is now metered Note : Lease/Body Corporate Fees includes building insurance paid in 4 installments pa Lease costs fixed every 5 years next review is 19/06/2019 Contact me directly for more information.