Renew, invest or nest


7 Novak Place, Mangere

Asking Price NZD $950,000

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Renew, invest or nest | 7 Novak Place, Mangere | 1952112 |      X Close
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Renew, invest or nest


Private Viewings will be available in level 3 - Please contact us now to book your private viewings available from 22nd September 2021.

Located in the up and coming residential suburb of Mangere, this solid 15 year brick and tile home provides a great opportunity for investors looking to secure a passive investment with a guaranteed return.

Built in the 2000's this 160sqm (more or less) home consists of four bedrooms, one bathroom all on a single level with internal entry double garage.

This property has two years to run of a five year lease to Kainga Ora a NZ Government tenant returning $35,004.00pa. At the end of the lease, consider options to renew, invest or nest. .

Mangere 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.

Proximity

5 kms Airport

1 km to motorway

14 kms to CBD

Proposed Mangere Town Centre Vision of new rail: https://www.lightrail.co.nz/light-rail/route/

7 Novak Place, Mangere

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Richie Blackmore

Papakura

Licensed under the REA Act 2008

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Felicity Blackmore

Papakura

Licensed under the REA Act 2008

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