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.