Mala Maharaj - RE/MAX Revolution
Real Estate Agents
- Listing #:
- PMT10529
- Listed:
- 598 days ago
1,520,000
Guaranteed Government-Backed Rental Income!
169 Chapel Road, Flat Bush, AucklandCommercial Land
-
- 132m2 Floor Area
About this property
Don't miss out on this incredible investment opportunity! 169 Chapel Road offers a secure, government-backed rental income that is completely lockdown-proof. Even if the property is vacant or partly vacant, as a landlord, you'll still receive your guaranteed rental income.Invest in one or more of the 15 brand new, passive investments available for sale. Block D is already sold, so act fast!
Each unit block comprises five studio bedrooms, all with ensuites, as well as communal facilities for your tenants to enjoy.
The strategic location is situated next to the Buddhist Temple and surrounded by popular amenities, including the brand new Ormiston Town Centre. The strong tenant covenant is supported by a 9-year lease term to an established property management company, who subleases to a government-funded Community Housing Provider.
With each unit offering a projected gross rental income of $92,210 per annum, this is a unique opportunity to invest in a long-term, government-funded tenanted property. Don't hesitate – enquire now to secure your investment in this high-growth location!
Call 0800 888 000 now to arrange a viewing!
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