1,2,3,4/132 Toi Toi Street, Toi Toi, Nelson

Don't miss this investment opportunity

This is fantastic real estate and a fantastic 'hands free' addition to any property portfolio. A genuine opportunity for any investor or syndicate looking for the many benefits of potential residential capital gains underpinned by the security of a long term, renewable lease to a government tenant.
- $102,819.60 gross Income per annum
- CPI rental adjustment per annum
- Government HNZC 5 +5 years lease
- Lessee pays all repairs, maintenance including wear and tear up to $5,000 on any issue
- Potential for future subdivision
- No hands on management
- Sort after location with solid growth potential
- Built 2003 in a great location on a 1821sqm fee simple title.

This opportunity combines the potential of residential gains underpinned by the security of commercial investing. With the Government as your tenant, dealing with all management and everything from wear and tear through to repairs and maintenance up to $5,000 on any one issue, this is a true Set and Forget, hands free investment.

Invest and secure your financial future knowing you are directly supporting good New Zealanders with the highest need for housing under a HNZC lease. A true win win.

All indications from the leasee is that they will require these properties for many years to come giving you the win win situation of securing your future while support New Zealanders with the highest need for housing under a fully managed Housing New Zealand Corporation lease.
Built in 2005 these 4 dwellings on occupy a large 1821 sqm fee simple title.
Three 3 BRM houses with open plan living with ranch slider garden access to the patio. The 4th home is a 5 / 6 BRM home has a live in caregiver to the occupants, has three ranch slider doors exiting to a large patio area. All buildings are fully fenced and secure off a shared concrete driveway.

Buy now and enjoy the easy and secure income for years to come and then look toward a potential subdivision and resale of individual home.