INVESTMENT WITH $120,000 Gross On Prime Location
Attention astute investors! An exceptional investment opportunity awaits you on Mangere Road, Otahuhu. 4x2-bedroom solidly built units strategically positioned close to motorway, schools, and essential amenities.
1. Location Advantage: Situated on Mangere Road in Otahuhu, these units boast a prime location. Easy access to the motorway offramp ensures convenience for residents, making it an attractive prospect for tenants.
2. Stable Income: The units are currently leased to a government-funded community housing provider. This translates to a stable and predictable income stream for investors. Each unit yields a gross income of $29,934 per annum, equating to approximately $120,000 annually (Geared to CPI annual reviews)
3. Minimal Vacancy Risk: With a long-term lease agreement in place, investors can mitigate the risk of vacancies. The consistent rental income provides financial security
4. Future Potential: Otahuhu is a rapidly developing area, with ongoing infrastructure projects and urban revitalization initiatives. This suggests potential for capital appreciation over time, enhancing the overall return on investment.
Whether you're a seasoned investor looking to diversify your portfolio or a newcomer seeking a secure investment opportunity, these units offer an attractive proposition.
Contact us today to learn more and seize this golden opportunity before it's too late!
Call Wayne Jackson 0277283355 or Gary Singh 021899868 ProEdge Real Estate Ltd.