2 Braemar Terrace Johnsonville, 60 NZ
"If It Doesn't Make $$$, It Doesn't Make Sense"
Cash flow is the difference between inflows (actual incoming cash) and outflows (actual outgoing cash) and this property has a lot of "Difference".
The hard work is done, and a change of circumstances for the current owners means you will reap the benefits of their hard work. The property has been renovated and will be low maintenance with low running costs for a long time. It is also fully tenanted earning a total of $1,270 p/wk.
This is perfect if you're an investor seeking (serious cash flow) or owner occupier and can afford to wait out the current lease to move into one of the units and rent the other for side income and/or to help with mortgage repayments.
The location is great, situated across the road from a primary school, close to public transport, the Johnsonville town centre and everything that has to offer.
Upstairs: - 3 Bedrooms & 2 bathrooms (1 ensuite) - Fully renovated, insulation & heat pump - Open plan living and dining with great natural light, sun and outlook - Current rental $720 p/wk.
Downstairs: - 2 Bedrooms & 1 bathroom - Fully renovated, insulation & heat pump - Current rental $550 p/wk.
Sold
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Katy Luo
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Alen Moshi