Hands off investment opportunity


107 and 110 Crawford Avenue, Mangere Bridge

Asking Price NZD $720,000

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Hands off investment opportunity | 107 and 110 Crawford Avenue, Mangere Bridge | 1710372 |      X Close
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Hands off investment opportunity


107 & 110 Crawford Ave - 107 under contract, 110 under contract

Located in the popular, up and coming residential suburb of Mangere Bridge, this solid brick and tile home provides a great opportunity for investors looking to secure a passive investment with guaranteed returns.

Built in the 1990s this 126sqm (more or less) home consists of three-bedrooms, one bathroom all on one single level.

The property has three years to run of a five-year lease to Kainga Ora a NZ Government tenant returning $27,300p.a. At the end of the lease, consider options to renew, occupy the property yourself or keep as a private investment.

Mangere Bridge has seen a rapid increase in demand due to the completion of the western ring route and in particular the Waterview tunnel, allowing easy travel between South Auckland, the CBD and West Auckland.

This is a unique and affordable option to add to your property portfolio.

In summary:

-1990s brick and tile 126sqm (more or less) home

-Part of a five (5) year lease to NZ government tenant returning $27,300 p.a

-Passive, hands off residential investment where the government tenant is liable for minor repairs during the term and making good at lease expiry

For more information, please download the property files here: https://www.propertyfiles.co.nz/property/1710372 or txt Glenn or Jack for a property report

Limited private viewings are available under Level 3 guidelines, please contact me directly if you would like to discuss booking a Level 3 private viewing.

Glenn Baker

One Tree Hill

Licensed under the REA Act 2008

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Jack Davies

One Tree Hill

Licensed under the REA Act 2008

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107 and 110 Crawford Avenue, Mangere Bridge

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Glenn Baker

One Tree Hill

Licensed under the REA Act 2008

View profile

Jack Davies

One Tree Hill

Licensed under the REA Act 2008

View profile