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House

4 Lili Chen Way MANGERE BRIDGE, Manukau City

Sold for $420,000 on 27 Mar 2013
  • 5 Beds
  • 2 Baths
  • 2 Cars
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4 Lili Chen Way, MANGERE BRIDGE, Manukau City

House in MANGERE BRIDGE

Just reduced "Safe As Houses" Investment Cash Flow

  • 5 Beds
  • 2 Baths
  • 2 Cars

Excellent return and consistency of income with no downtime on this dependable brick and tile with a 10 + 5 Housing New Zealand lease that runs till 2017 with an option to continue for 5 more years. Rent currently at $530.00 per week, with latest rent review at $540.00 for April. This is in a tidy cul-de-sac, of a 6 year old subdivision. Full lease documents available for you to peruse by email. Have the worry of property management taken care of by Housing New Zealand, with the added bonus of guaranteed regular income. No risk of vacancy. At this price you simply do the figures and assess the cash flow coming in.

Features:
  • Alarm System
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Double Garage
  • Garden
Property ID:

RYO21289

Building:

164m²

Land:

509m² / 0.13 acres

Bedrooms:

5

Bathrooms:

2