Most investments ask something of you. Time, attention, patience, work. This one has already done that part.

29 Chiefs Court is a tenanted townhouse with a yield that stacks up quickly on paper and holds up just as well in practice. The tenant is in place, the income is running, and the hard work of getting it to this point has already been done. You are simply stepping in.

Constructed in low-maintenance brick, the home offers four bedrooms, a practical layout, and the kind of build that does not demand much from its owner. Less to maintain means more of the return stays where it belongs.

The vendor is motivated and ready to move. This is not a listing that will sit, and at this price point, with this yield, the right buyer will not let it.

Not every property needs to be a showpiece. Some just need to work. This one does.

Download and view the property files at https://www.propertyfiles.co.nz/property/CE23174