Sold

1/27 Drummond St Mount Cook, 60 NZ

City Fringe Ca$H Cow - Tender Beo $399,000

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CITY FRINGE CA$H COW - TENDER BEO $399,000

OUT OF TOWN OWNERS WANT IT SOLD

Ching - ching - ching. That's the sound of the rent rolling into your bank account from this city fringe cash machine. Like clockwork.

If you are looking for: * HIGH DEMAND CITY FRINGE LOCATION: close to supermarket, hospital, convenience shops, parks, buses, universities, cafes, parks, and the city. You will always have plenty of tenants wanting to rent this property. * LOW EFFORT - LOW MAINTENANCE: modern construction (all checked out with a builder report available) means it is warm for the tenants, and it doesn't eat your valuable time with maintenance. * HIGH INCOME: strong cash-flow, combined with low mortgage rates, means it should produce a steady & reliable stream of positive cash-flow. Passive income is what you need in order to retire.

Then you need to check out this excellent investment apartment.

* Rented for $700pw until 20 Jan 2016. * Four generous double bedrooms. * One bathroom. * Modern construction, insulated, warm. Tenants love it. * Close to everything, but down a quiet lane for peace and privacy. * Small block of just 7 purpose built apartments.

Sold $411,000

Inspect

Inspection of this property is available strictly by arrangement only.

Contact

Century 21 The Moshi Group The Moshi Group
Licensed under the REAA 2008
Level 1, East Wing, 23 - 29 Broderick Road
Johnsonville 6037