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Another HNZL leased property BACK TO LISTINGS
Agent: Chas Wilson PRINT VERSION
Property #1055 $640,000

general in Papatoetoe North

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













Overheads  
Body Corporate Levy nil
ARC Levy allow $400 per annum
Rates t b a
Current insurance allow $500 per annum
Cost of water to landlord t b a
CV $465,000
LV $320,000
VI $145,000
Construction  
Exterior split stone
Roof concrete tile
Joinery timber
Other  
Land Area 809m2 sq m
Garaging 2 carports
Parking ample on site parking
Levels single level
Position road frontage
Interior condition very good
Exterior condition very good
Age 1970's
Subsequent additions nil

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