Property brokered by
Get more listing details on brokerage site
+64 9 215 4305
+64 9 215 4305
Property DetailsThese stylish looking brand new residential unit blocks are managed by a reputable organisation, which guarantees a rental income. The percentage return on investment in the current market is unheard of and the warranties that it comes with will give the peace of mind to all potential buyers.Buy one or buy them all! Each residential unit block has 9 self-contained bedrooms and bathrooms with a common kitchen, laundry and common parking spaces. The premises is secured with gate and CCTV which needs security card access to the property and rooms.Act quickly to own one of eight brand new Mangere Bridge residential unit blocks.The eight tenancies all have 9 year leases with two rights of renewal for 6 years each with a reputable tenant.Mangere Bridge has experienced a high growth rate and significant residential development can be seen throughout the area. Current developments such as Coronation Gardens is quickly selling out. In the vicinity of this location is Auckland Domestic and International Airports and one of New Zealand's biggest hospitals. The rapidly growing workforce in the region requires accommodation nearby. The high demand is evident with occupancy kept at near capacity.This brand new development was completed earlier this year by Du Val. They have a track record of putting together quality commercial and residential buildings. This amazing location is within minutes' drive to Auckland International Airport. Call now to find out more!Features: Eight recently completed residential units - Each unit has 9 self-contained bedrooms - Leased at $90,000 + GST + OPEX per residential unit - Growing area near Middlemore and Airport - Quality development by Du Val - For sale at $1,550,000 per residential unit block.
Additional Property InformationThis single family listing located at Pu4/69 Mckenzie Road, Mangere Bridge, Auckland offers nine bedrooms and nine bathrooms. The property is presently selling at $1,110,550.
This property is presented by Shailendra Kewal of Barfoot & Thompson based in New Zealand.