Guaranteed Rent with HNZ Lease

The ultimate secure rental with a lease in place with Housing
New Zealand until Jun 2021 & 2022


Sydenham, B & C/200 Hastings Street - ref #S1896

  • Offers Invited Over $360,000 each
  • 3 Bedroom/s
  • 1 Bathroom/s
  • 1 Garage/s

Property Information

  • Listing #S1896
  • Legal descriptionLot 6 & 7 DP370721
  • CT number 286580 & 286581
  • Land area B-185m²
  • Floor area B-100m²
  • Land zone RMD TC3
  • Land value B $119,000
    C $119,000
  • Improvements B-$206,000
  • Capital value B-$325,000
  • Rates B-$2,173.71 p.a.
    C-$2,145.73 p.a.
  • ParkingInternal access single garage
  • The above information has been supplied by either the vendor* or by outside agencies like CCC, LINZ, Property Guru, etc. Accordingly, Braziers is merely passing over this information as supplied to us. We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into this information. To the maximum extent permitted by law Braziers does not accept responsibility to any person for the accuracy or use of the information herein.
  • Why bother with ongoing tenant problems when you can leave it up to HNZ and collect the income.
  • Great opportunity to purchase a modern three bedroom townhouse, on their own freehold titles, situated on 185m2 & 184m2 of RMD TC3 land.
  • Great opportunity to purchase a modern three bedroom townhouse, on their own freehold titles, situated on 185m2 & 184m2 of RMD TC3 land.
  • Open plan kitchen and dining with a spacious living area with wall heaters. Good indoor-outdoor flow via ranch slider to sunny and private courtyard. Three bedrooms, two double bedrooms with built in wardrobes and a single bedroom. Bathroom with shower, toilet and vanity. There is also a separate toilet. Single internal access garage with laundry.
  • Good holding income, currently achieving a fantastic $415 per week, one with yearly rent reviews and one on CPI annual rent reviews. (gross, before HNZ management).
  • All EQC repairs have been completed and upgrades done as part of renovations, Insurance in place with Lumley.
  • Located in a great location in Sydenham/Waltham. Ideal for any investor looking for a hassle-free investment property.
  • View Map

To view, call Braziers on 377 7122

Braziers Limited MREINZ
Licensed Real Estate Agents

Rebecca Manawatu

03 963 3942 (DDI)
021 570 156 (Mobile)

Neil McLaughlin

03 963 3944 (DDI)
027 432 4290 (Mobile)

The Real Estate industry recommends that, prior to making an offer on any property, prospective purchasers first seek their own legal advice. Any reference to yield or annual return is shown on a 52 week basis.  Third party information from local authorities etc should be checked independently before being relied upon for accuracy.