Studio for Sale

21 James Road Manurewa, Manukau City 2102

  • 9 Beds
  • 9 Baths

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Studio for Sale in Manurewa

Hassle Free Residential Investment!

  • 9 Beds
  • 9 Baths

Here is possibly the perfect opportunity to take the hassle out of residential investment!

  • We have 3 x modern and stylish blocks with Master Build Guarantees - availability is limited
  • Purchase at $1,575,000 each Plus GST
  • Excellent Net Return!
  • Potential annual cashflow of $90,000 plus GST and outgoings, showing 5.8% net return
  • The Lease period is 6 years plus and you will also have 2 x 6 year Right of Renewals
  • Each dwelling held by separate freehold unit title
  • Each of these dwellings comprises nine ensuited rooms in addition to a shared kitchen, dining and laundry facility
  • Open car parking is provided onsite

A very well established and reputable company leases the property from you and manages all aspects of the operation of the properties - a straightforward investment for you! Tenants absolutely adore studio apartments such as these because they are let out fully-furnished to a high quality finish.

These properties have been strategically developed with location in mind handy to transport links to Auckland City, within 500 meters walking distance is the Southmall Shopping Centre. Other amenities close by include Russell Park, Manurewa Library, and further to the north the Manukau Super Clinic. This is a high growth, high demand location!

Availability is limited, we know by now we must have piqued your interest, so be quick!
If you have any further questions, queries, or wish to request a full Information Pack, please contact Daniel 021868777 or Amy 0211352105.

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