10/3 Elmwood Place, Manurew,a Manukau City, Auckland, New Zealand
Guaranteed Rental Investment
Currently leased to Housing New Zealand on a fixed term lease until 14th October 2022 with annual rent reviews. Housing New Zealand will take care of property maintenance and damages at their cost.
Annual Net Rental: $21,480
HNZ administration fee (take from gross rental): 10%
Council Rates: $1,805.01pa
Annual net return of $19,674.99
Located in ‘The Elms’ a grouping of similar houses with friendly neighbours this property features 4 bedrooms, 2 bathrooms, a large lounge and a modern kitchen. A solid brick and tile build situated on a generous yard area.
Situated in close proximity to schools, shops, parks and public transport this home is positioned well for future capital gain.
Contact us now to organise an inspection to view.
