CASH COW

House Sold - Naenae Lower Hutt City

Why not let the tenants pay your mortgage with this sound investment opportunity? With some banks offering interest rates at 3.95% this solidly built brick and tile home represents an approximate 5% return on your investment. Immaculately presented and featuring 3 large double bedrooms, a modern kitchen and bathroom, 5 Kowhai Street has been rented to the same tenants for 15 years at $420 per week (with potential to increase). Situated on an easy care section with off street parking and the bonus of insulation compliance (meeting the 2019 rental requirements) this is an exciting opportunity for astute buyers.

Your immediate viewing is highly recommended.