House in RANUI
MONEY MAKER $15,600 P. A INCOME
- 2 Beds
- 1 Bath
Have you been looking for a secure investment with guaranteed rent 52 weeks of the year?
Recently redecorated, including new carpet, this modern 2 bedroom brick home is situated in a sought after cul-de-sac surrounded by similar quality homes.
Currently leased to Housing NZ for 10 years + the option of renewal for a further term of 5 years this property represents a great investment alternative.
Benefits of owning a Housing NZ leased property.
You receive an income 52 weeks per year for the term of the lease whether there is a tenant or not.
Rental is reviewed annually to keep it in line with market rentals.
Housing New Zealand is contracted to return the property to you at the end of the lease in the condition it was first supplied to them.
The property is managed by Housing New Zealand.
You can sell the property whenever you like with the rental guarantee attached.
A copy of the Housing New Zealand Lease is available upon request.