Looking for a low-maintenance investment that starts earning from day one? This near-new three-bedroom, two-bathroom townhouse in Manurewa comes with a tenant already in place, paying $695 per week on a periodic tenancy.

That works out to $36,140 in gross annual rent, or roughly a 5.6% gross yield based on the $649,000 asking price. No renovations needed, no vacancy period to worry about, just steady income from settlement.

The home itself is modern and easy to maintain, with well-sized bedrooms, two bathrooms and off-street parking. Manurewa's location is a bonus too, close to schools, shops, public transport and motorway access, which helps keep the property attractive to tenants long term.

Quick facts:

• 3 bedrooms, 2 bathrooms
• $695/week rent, periodic tenancy in place
• $36,140 gross annual rental income
• 5.6% gross yield
• Near-new build, low maintenance
• Off-street parking
• Immediate income from settlement

Call today to arrange your private viewing.