This property has guaranteed income until 2014 and with a five year right of renewal. Pay then costs and collect the rent! So simple!

This excellently positioned leasehold two bedroom and two storey apartment at the top end of Queen Street is presently managed by Manager.

The details are:

Rental Received $20,064 - Rent received from Housing New Zealand Your Expenses from that will be:

Lease ground rent $5,808.00 pa Operational costs $3,041.49 pa Auckland Council rates $1,118.26 pa

This is not a Unit Title. See floor plan - paste into your WEB browser : http://www.nz.open2view.com/tour/plan/284461