Four Bedroom Leasehold
This townhouse offers spacious accommodation over 3 levels & includes to the ground floor, an entrance hall, off which is an internal access to a double garage. The mid level comprises 3 bedrooms, a bathroom with a bath, vanity, basin & a seperate wc
The uppermost level comprises an open living area with lounge, dining room & open plan kitchen.
Also on this level is the main bathroom, which has an ensuite bathroom with a wc, shower and vanity, basin.
Directly off the living area & adjacent to the bathroom is a guest cloakroom with a wc & handbasin.
Facilities - include a well fitted modern open plan kitchen with laminated units, granite bench tops, stainless steel sink & fitted appliances. Bathrooms are all fitted with modern fixtures & fittings.
The b/rms have built in wardrobes.
Floor finishes include carpet & ceramic tiles.
Internal access double garage with automatic doors.
Laundry with tub is in the garage.
Tenancy - the tenants are very responsible & have been there for some time.
The landlords Housing NZ, who lease the property from me, pay for any damage incurred by the tenants.
leased to Housing NZ until 22/5/18
Rent review by Sheldons in May each year, currently $2591 per month
Cash flow for 2015 -
Gross Rent, $2591 x 12 = $31,092
Lease costs $14,768
Rates - Auckland City $ 1,789
Water, metered $ 520
Surplus per annum $14,015
Note : Body Corporate includes ground rent & non metred water,
paid in 4 instalments pa
Lease costs fixed for 5 year