MANGERE Manukau City 2022

2 units in Mangere
Hands off investment with a lease to HNZL to Feb 2012 and probable renewal for a further 5 years. Soundly built, one level, brick, tile aluminium joinery complex of 1x4 bedroom and 1x2 bedroom units with 2 lockup garages between them. Current lease amount is $35,880 per Annam gross less 9% fee from HNZL for management and 100% rental guarantee. Popular Peninsular Park area which boasts some quite expensive luxury homes. This is an ideal property in a sought after price range for a busy investor who wants peace of mind.