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These 1960's flats have never stop performing as an investment and they will continue for you when you secure this opportunity. This money maker has attracted long term tenants with some having been in situ for over 20 years. The location is key for these flats having always been sought after by quality tenants being on the edge of the Papakura CBD.
Being built of brick in the 60's they have stood the test of time and will continue too for many more years to come. Consisting of 3 two bedroom flats all on their own cross lease titles and set on a 1576m2 site of Mixed Housing Urban giving you the best of both worlds... receiving rent whilst you build on the rear part of the section or simply hold the property and watch your money grow. The total annual income of $64,480.00 will surely see you end up with a positively geared property despite not offering a deposit.
The properties address sees itself well located to take advantage of the local amenities with the bus at the end of the driveway and the train station being 1 km away. The schools are literally on your doorstep and just a further short walk to countdown shopping centre.
The properties are currently Healthy Homes compliant and have been professionally managed for many years with only a small amount of deferred maintenance required. This truly is and opportunity for investors and developers alike to benefit by owning this wonderful piece of real estate.
A set and forget opportunity enquire now... Graham Clark on 027 564 2700 or Marleigh on 021 170 1951.
Graham Clark believes his customers are entitled to a professional approach with superior service when making one of the most important decisions of their lives. He is excited about the prospect of solving people’s housing problems and is committed to his customers seven days a week to ensure the communication chain enables a speedy and smooth transaction to everyone’s benefit.
The experience gained from 13 years in the meat industry (Westfield Freezing Works) and 10 years in the dairy and fire protection industry resulting in top management skills, has given Graham a valuable “people focus”.
Graham joined the industry in 1996 specialising in residential sales and has sold in excess of $100 million dollars worth of property. He has been awarded Top Residential Salesperson for six consecutive years in Papakura and has won numerous awards for excellence along the way. He has consistently achieved results in the top five of salespeople nationwide (settled sales and income) for LJ Hooker / Harvey’s over the past six months and overall placed in the Top 30 of salespeople for the third quarter awards. Graham has also achieved and retains status in the LJ Hooker / Harvey’s Multi Million Dollar Club.
Graham has gained his AREINZ and holds licensee status (Branch Manager) he is currently the Sales Manager for Harveys in Papakura.
Graham is married to Ainsley and they have three beautiful daughters, he is also an avid golfer and a fan of the game. Having been a resident in Conifer Grove for around 30 years, Graham has been selling property in the area and surrounding areas for the last 16 years. You will find Graham enthusiastic and cheerful, committed to giving you the service required to make you feel at ease.
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