1/3 Ririno Place Manurewa, Manukau City

Last chance to view this weekend before auction day. Open home Saturday 2.30 - 3.00pm.

Great rental return from this fixed term tenancy.

Overseas vendor must sell this cash cow - rented at $630 per week to reliable tenants on a fixed term tenancy expiring 1/06/2022. Potential for a 6% return on your investment here!

Features include 2-3 bedrooms, decking off the living area, a single carport and a decent sized fully fenced front garden.

Occupying a road frontage position in a small no exit street, handy to all local amenities and Motorway 20.

Owned by the current owner for the past 13 years, it's been a great long term cash flow positive investment which must now be sold. The vendors loss is your gain.

Cross lease fee simple title 1/2 share of 605m2.

(The opportunity also exists to also buy 2/3 Ririno Place and freehold both cross lease titles to fee simple 605m2 Urban Zone).

This will be sold on auction day so do your numbers and make a bid. Buy one or buy both.

Auction in rooms Wednesday 14th October at 6.00pm (unless sold prior).

Note 2/3 Ririno Place is also for sale (rented at $595/week on a fixed term tenancy expiring 31/01/2021). Own both homes in the driveway and you have a valuable piece of Mixed Housing URBAN zoned land. 2/3 Ririno is currently rented at $595/week. Zoned Mixed Housing Urban - buy one or buy both. Copy and past this link into your web browser to view 2/3 Ririno Place.
https://www.trademe.co.nz/a/property/residential/sale/auckland/manukau-city/manurewa/listing/2791728219