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Weymouth

3 Bohola Rise, Weymouth, Manukau

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456sqmย Land area SQM
3ย Bedrooms
1ย Bathrooms
1ย Parking

By Negotiation

AN INVESTMENT MADE EASY!


Are you are looking to invest in property that requires very little input?...Then this commendable brick and tile home is an absolute must to consider.

Featuring three large bedrooms, with master bedroom adjoining the bathroom, separate toilet, spacious open plan living, plenty of kitchen storage and single internal access garage. All sitting on a fully fenced, freehold, road front section of 456sqm.

Leased to Housing New Zealand, until August 2016, with a 5 year right of renewal. The annual lease received by the owner is $20,352.00 (net).

The advantages of owning a Housing NZ leased property:

- You receive an income 52 weeks per year for the term of the lease - if property sits vacant, your rent still gets paid!
- The rent is reviewed annually.
- Once the lease expires Housing New Zealand will reinstate the property to its original condition (less fair wear and tear).
- HNZC manages their sub-tenant; you deal directly with Housing New Zealand .
- You can sell the property whenever you like with the rental guarantee attached.

Current tenants have made this their home for the past 8 years, and take absolute pride in its appearance. To give this wonderful family the privacy and respect they deserve, you will find a link to a video open home for you to inspect.

This solid investment has been exceptional for the current owner. However, vendors' new plans don't include her, and the instructions are clear. If this property has not been sold by Christmas, it will be sold via auction on the 26th January 2016!

So take advantage, and let me tell you more today!

Nadine Lawson

Nadine Lawson


Bayleys Real Estate Ltd, Takanini,
Licensed under the REA Act 2008

Features

Construction


Commendable brick and tile

Garaging


Simple internal access garage

House Area


Approximately 129sqm

Investment


Guaranteed rent by Housing New Zealand

Land Area


Freehold section of approximately 456sqm

Living Areas


Spacious open plan living