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St Johns, 60 Strong Street

Investors Delight!

Price by Negotiation over $275,000

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Listing Number: SH7334
About this listing
Investors, grab this opportunity with the delightful yield of 13.5% p.a.

These two houses are being cashed up now.

The total income for all three as rentals is currently at $1,280 per week - $66,560 per year. The ground rental is $30,225 per year with no review until 2031.

It is a brilliant option for the first home buyers as well, to live in the one of the houses and rent out the other two while generating up to $16,000 net, to better support your outgoings at the same time.

These houses sit on a spacious, homely section in one of Auckland's prime locations and have been rented perpetually for decades. One of the houses has been recently re-roofed.

Call me now to view the properties and seize this lucrative opportunity as taking into account possible rent increases, you will be definitely sitting on real bonanza!

Agency reference #: SH7334

Property Information
  • Land Size: 1201 sqm
  • Tenure: Leasehold Details (Leasehold)
  • Approx year built: 1965
  • Property Type: House

Contact Details

St Heliers

JK Realty Group Ltd

Licensed REAA 2008

16 - 20 St Heliers Bay Road
St Heliers
Office website

Property Location

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