Att: Buy & Hold Investors And Traders. 7.3% Return. Price $240K

Att: Buy & Hold Investors And Traders. 7.3% Return. Price $240K

Unit Sold - Manurewa South Auckland

Att: Buy & Hold Investors And Traders. 7.3% Return

Price $240K (Agents please always remember to ad your fee to this price)

Beaumonts Way, Manurewa, South Auckland

Freehold, X Lease
No body corp fees
Bedrooms: 2
Bathroom: 1
Carport: 1
1970’s
Cladding: Fibrolite on the sides and concrete block at the ends of the unit
Iron roof.
75m2
In a Block of 4
Loads of light
Crapy View
Fully fenced court yard off the lounge
Sold vacant
Dated and worn on the inside, but in good condition.
Ugly Property with a great return.

Rental appraisal: $340p/w
Return/yield: 7.3 %

Rates: $1,207.51

This is a very good size 2 bedroom unit in a block of 4.
The location is handy to shops and public transport.
Just minutes to Greenmeadows Intermediate, Manurewa Central School and Southern Motorway; walk to Manurewa Train Station and Southmall.

The exterior could do with a waterblasting but overall it’s in tidy condition.
The interior in tired and worn but it would be fine for atleast another 5+ years.

You could also renovate to ad value and resell if you wanted to. Renovated Units in Manurewa are selling from the low $300’s to high $300’s