Guaranteed Annual Rent $43,128 (net)

** Private Viewings Only **

This classic brick home offers an appealing combination of size, location and a secure existing tenancy, making it an excellent opportunity for investors looking for a low-hassle investment.

The property is currently leased to Housing New Zealand until 29 Feb 2028, with long-term tenants who have occupied the home for many years.

With the existing HNZ lease in place, investors can enjoy the benefit of an established tenancy and professional property management, without the need to manage tenants directly. The property can also be sold during the lease term, subject to the terms and conditions of the existing agreement.

Property Highlights:

- Housing New Zealand lease until 29 Feb 2028

- Annual Rent $43,128 (net)

- Monthly Rent $3,594 (net)

- Five bedrooms

- One Bedroom Downstairs

- Two bathrooms

- Spacious open-plan kitchen, dining & living

- Plenty of natural light and airflow

- Garage

- Additional off-street parking

- Approx. 160m² floor area**

- Approx. 288m² section**

- Established, long-term tenancy

- Professional property management

- Family-friendly location

The generous open-plan living area provides plenty of room for everyday family life, while five bedrooms offer flexibility and space. The garage provides secure internal-access parking, with additional off-street parking available.

Positioned in a convenient Favona location, the property is close to local parks, schools, shops and everyday amenities.

An established, low-hassle investment with an existing HNZ lease — a great opportunity to add a turnkey property to your portfolio.

Call Harry Bedi on 0210677172 to arrange a viewing.