New Lynn offers the right result

Recently the team at E+O secured this tidy investment property in West Auckland one of our clients.

Purchased for $1,150,000 the property is currently being rented for $660 pw, delivering a yield of 2.9%

This 1950’s brick and tile home with four bedroom, two bathroom home is on a 1040m2  north facing full site located in New Lynn. Recently renovated, this well presented home was ready to rent immediately. A number of features made it an ideal purchase for one of our Australian investors:

  • large site in popular growth suburb
  • good sized dwelling for its era
  • renovated to a good standard and provides open plan living, as well as indoor/outdoor flow to large, sunny deck and backyard
  • will attract long sun hours with northerly aspect
  • good street in good location with close proximity to all amenities –

All of which make it more appealing to tenants and easier to let.

Click here to get in touch about learning how E+O can help you secure an investment property that meet your financial goals.

Published on Thursday, June 29th, 2017, under Examples, Residential

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