South Auckland. 2 large Houses on Large Freehold Land, 7.5% Return / Yield
House Sold - Manurewa Town Centre Manakau
Attention: Buy & Hold Investors
Land Bank with a 7.5% Return / Yield. Damn
South Auckland. 2 large Houses on Large Freehold Land,
7.5% Return / Yield
Super Prime Location right behind the Manurewa Town Centre,
1,115m2 of Freehold Land
Price: $640,000.00 for both homes on the one title.
3 Bedroom: $425p/w
5 Bedroom: $500p/w
$925.00 Per week
7.51% Return / Yield
Total Rates: $2,755.14 p/a
Manurewa Town Centre,
Manukau, South Auckland
The 3 Bedroom:
Single Garage with storage shed attached
Off Street Parking for 2+ cars
Older Style Timber Weather Board Home, Build to last forever.
Even the kitchen is good old-fashioned timber.
Apart from the new Curtains & Carpet this house may not have been renovated from the day is was built. It is however in a very good tidy condition and does not require any renovation.
The 5 Bedroom:
Combined Kitchen, Dinning & Lounge
Separate Laundry with Toilet
Additional Separate Toilet
Total of two Toilets
1 Bathroom with a Bath for the kids and a Separate Shower
2 King Bedrooms
3 Double Bedrooms
Off Street Parking for 4 cars
Large Deck off the living room
Modern Style Fibre-light Wether Board Home
This home in is great condition and should not require any renovating for the next 10 years or more
All of this on one freehold title.
One opportunity with this property (other than doing nothing & holding it forever) would be to modernise the 3 bedroom interior with a fresh coat of paint and a new bathroom & kitchen. Oh and the driveway could do with a good water blast. (Only if you wanted something to do Smiling face (black and white)
Super Super Close to public transport, Manurewa Town Centre, with supermarkets, library, The Warehouse and other shops are less than 3 minutes drive away from the property. There is a Bus and Train Station within 500m (1 minutes walk), which can take you to Manukau City, Wellington or into Auckland Central.
- Land is 1115 m²