3 incomes, close to Middlemore Hospital

Everybody's price range here. Well cared for this property and there is nothing at all that needs to be done. The location is in Massey Road, opposite the Mad Butcher's popular shop and very handy to Middlemore Hospital. Rents are conservative at $240 pw for the 2 bedroom plus sunroom front house, $190 pw for the 1 bedroom unit and $245 pw for the rear 2 bedroom unit. There are 3 carports and plenty of on-site parking. The 873m2 section is level with some trees. Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson

Value to add here

Not our usual offering. These are 2x3 bedroom homes built adjoining each other with fantastic sea views in a prestigious Milford street. Unit 1 has had $50k spent on a major upgrade in March this year. It also has the potential to separate downstairs into a 1 bedroom unit. Market rent as a 3 bed has been valued at $670/wk. Unit 2 is still original and is rented at $480/wk to long term tenants. A combined registered valuation from April this year shows $1.39m for both. Serious vendor wants these soldand will sell down either as one or individual sales. Very hard to find this sort of product! Call:RobertTurnbull 308 5513 or 021 241 6222
Agent: Robert Turnbull

New 5 year HNZ Lease in Massey

3 bedroom house with basement garage in a quiet Massey street. Close to Motorway access. New Housing NZ lease in place as of 1st May 2010. Rent is $340/wk gross, HNZ take 10% mgt fee, rent is guaranteed for the length of the lease. Pure hands off investing. CV$330,000 Ph Robert Turnbull 308 5513 or 021 2416 222.
Agent: Robert Turnbull

Not many of these available

Sought after type of block consisting of 4x1 bedroom units in a very desirable location near the main Centre of Otahuhu. Current rents with the long term tenants are very low at $200 per week per flat. 4 lockable carports with storage lockers. Solid old fashioned contruction in brick and tile. Boring but built to last for ever. We are looking for buyers over $700,000 but reasonable offers will be considered by this realistic seller.Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson

If you want cashflow start here.

Cashflow beckons with this unusual 10 bedroom apartment in St Paul St which is right in the heart of the Auckland University precinct. There are also 3 carparks on the title. Rent has been quoted to us at $1500 per week (including the carparks) when fully occupied and at the time of writing this description, we are waiting to confirm these figures. There is always strong rental demand in this location. There are 8 single rooms and 2 double rooms, a living room, a kitchen and bathroom with 3 showers, 3 toilets. This property is in quite reasonable condition. We have another similar property for sale in this building reference 10003. Offers are invited as an urgent sale is required. Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson

another cashflow gem

Cashflow beckons with this unusual furnished 11 bedroom apartment in St Paul St which is right in the heart of the Auckland University precinct.There are 12 bedrooms and also 1 carpark on the title. Rent has been quoted to us at $1800 per week (including the carpark) when fully occupied and at the time of writing this description, we are waiting to confirm these figures. There is always strong rental demand in this location. There are 11 rooms, a living room, a kitchen and small bathroom and adjacent main bathroom with 3 showers and 2 toilets. There is also a spaciou storage cupboard. We also have for sale another apartment in this building reference 10001. This has to be sold so make an offer.Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson

Managed Boarding House 12% Guaranteed return

Very popular professionally run boarding house in a high demand area. The owner is also the neighbour and is happy to stay on and offer a hands off investor a guaranteed 12% net return on a purchase price of $1,100,000 with a new 5 year operating lease. This boarding house is lisenced for 18 rooms accomodating a maximum 35 residents. Occupancy runs at close to 100%. Weekly income is currently $3650 to the owner/managers.Owner willing to pay rates and other outgoings in terms of lease. Where else are you getting 12% return with no input? Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson

Another HNZL leased property

Great hands-off investment property with 2x2 bedroom units on separate cross lease tiles (this is freehold property). Built of split stone with concrete tile roof, they are on one level and have a carport each. HNZL lease is for 5 years from November 2007 and with a 5 year right of renewal. Current gross rental is $300 per week per unit.Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson

What a Find!!!

3 level building comprising of 1 commercial tenancy to the Police for $5668p.a. Plus 1 x1 bed and 2 x 3 bed apartments with a combined annual rent of $45760p.a. Total rent $51,428p.a. with scope to increase! Offers over $775,000 Building constructed of Concrete Block, steel frame and timber cladding. This property is in a great spot in Beach Haven village. Separate titles and long term tenants. Call me to discuss this one Ph Robert Turnbull 308 5513 or 021 2416 222
Agent: Chas Wilson

Very Tidy Block of 4

4x1 bedroom units in a quiet cul-de-sac in Otahuhu. 10 Min walk to the main town centre. These units are immaculate inside after undergoing major refurbishments over the past few years. The rents are 2x$205 1x$210 and a vacant unit is about to re-tenanted at $220/wk. All units could easily rent for $220/wk. Tenants pay their own water. The exterior has a few minor touches to take care of, but otherwise a sound proposition. The vendor is committed to selling and this is reflected in the price. Offers over $585,000. Call Robert Turnbull 0212416222
Agent: Robert Turnbull

Papakura Seperate Titles

4 x 2 bed units in Marne Rd Papakura. Sep titles. Rents are 2x$240/wk and 2x$245/wk. Both inside and out could do with some renovating. Each unit has good sized private garden space, and units are 57.5sq.m each in size. Solid construction. Local property manager quotes rent for well presented units in the area at c.$270/wk. Ph Robert Turnbull 308 5513 or 021 2416 222
Agent: Robert Turnbull

Block of 6 with new HNZL lease

This is a special release of 6x2 bedroom units. Excellent location in Mt Albert and the units have been totally refurbished including new kitchens and bathrooms. The block has been leased to HNZL for 5 years with a right of renewal for a further 5 years. Initial rental is $340 per week per unit. HNZL takes a 10% management fee and the rental is paid monthly in arrears. It is guaranteed even if a unit is empty. There is a recent registered valuation available to support the asking price of this sound, secure, freehold investment.Call:RobertTurnbull 021 2416 222
Agent: Chas Wilson