Viewings By Appointment Only!

Looking for a property with secure rental income and a long-term lease already in place? Take a closer look at 10E Yorkshire Road.

The rental income is increasing to $2,497 per month, providing approximately $29,964 per annum.

That equates to an estimated gross rental yield of around 5.4%, with an estimated return of approximately 4.7%–4.8% after council rates.

And there’s another significant investor advantage:

Kāinga Ora lease in place until November 2030 - This means the property cannot be owner occupied until after November 2030, or the owner can choose to extend the Kāinga Ora lease for an additional 5 years

Maintenance costs covered under the lease

Long-term rental income

Reduced day-to-day landlord maintenance responsibilities

With income already secured and the maintenance component taken care of under the lease, this is a property where the numbers and simplicity make it particularly interesting for investors.

Priced by Negotiation – enquire today for the full investment details.

Contact Team Michelle today to arrange your viewing.

Michelle – 021 826 614

Savanna – 021 040 9642