• $759000

43 Prangley Avenue, Mangere, Manukau City, Auckland, 2022, New Zealand

Looking for an affordable investment property? This 5 double bedroom home on a 489sqm freehold site comes with guaranteed rent through to October 2022. To top it off, the property will be restored at the end of the lease giving you a refreshed and spruced up property for your next move.

 

Situated in a great area, this single level road frontage brick and tile home has a secured lease with Housing New Zealand. with a rental income of $680 per week (with an annual CPI rent review). Guaranteed income from a passive investment allows you to sit back, do nothing, relax and watch the bank balance grow knowing your investment is secured. This is an opportunity not to be missed.

 

* 5 double bedrooms

* 2.5 bathrooms

* 2 car garaging with internal access

* Close to motorway access

* Superb location, 5 mins to Mangere Town Centre, bus routes and motorway.