1/11 Church Road, Mangere Bridge

Auckland, New Zealand

Single Family

3 beds 1 bath

  • Property Details

    One of two titles on an 809m2 site, this spacious 3 bedroom single level brick & tile bungalow, is offered for sale to a savvy investor looking for a guaranteed rental return, while the property gains value in this very hot suburb. The healthcare owner has a government guaranteed 8 year lease to supply an assisted living facility, and upon sale offers the purchaser a rental return of $33,960pa + GST, or 4%pa + GST of purchase price, with annual adjustment at CPI rate, for a lease period of 8 years. 1/11 can be purchased together with number 2/11, a 5 bedroom home which is the second dwelling on this site, giving the purchaser the added benefits of exploring future development opportunities under the proposed Unitary Plan, as the site is zoned Mixed Housing Suburban. Mangere Bridge is one of Auckland's hottest suburbs offering great future potential for capital gain, and a wonderful peaceful suburban environment with a vibrant village at its heart, but also close proximity to airport and great public transport options.PROPERTY FILE AVAILABLETo download LIM Report, Title and Auction Files, please paste this into your browserhttp://www.propertyfiles.co.nz/581429
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  • Additional Property Information

    This single family listing located at 1/11 Church Road, Mangere Bridge, Auckland boasts three bedrooms and one bathroom. The property is currently availible for NZD.

    This property is listed by Robert Thompson of Barfoot & Thompson located in New Zealand.