South Alk House & Land, $50K Below Reg Val, 9% Return.
House Sold - Otara Manakau
15% Discount Below Registered Value. Fully Renovated
Large 4 Bedroom House with 2 bathrooms & 2 lounges on Large Freehold Land.
9% Gross Return.
Registered Value $330,000.00
4 bedrooms, 2 bathrooms, Separate Laundry and 2 toilets
Property type: House & Land
Floor area: House 120m2
Land area: 711m2
Built in 1970’s,
Weatherboard with Tile Roof
Freehold. Road Front, Own Private Drive Way.
Rent Appraisal $470-$500p/w 9% Return. At the time of this email there is/was a tenancy application at $485p/w
Parking: Lots of off Street Parking And plenty of room to build a garage.
In the area: Close to main shopping centres, Handy to schools, parks and motorways. Otara is the closest Manukau (South Auckland) suburb to Auckland City, only about 15-20 minutes to the City. 5 minutes drive or 2 minutes walk to MIT (Manukau Institute of Technology) The biggest tertiary education facility in South Auckland.
- 4 bed
- 2 bath
- Built 1970
- Land is 711 m²
- Floor Area is 120 m²
- 2 Toilet