[SOLD] Exceptional Opportunity - Home and Income Waitakere 6.2% GY

35 Jillian Drive, Ranui, Waitakere, Auckland - $850,000

Potential 6.2% Gross Yield, Home and Income, Waitakere Auckland - What more can I say?


Highlights:

Property Features: 5 br, 2 ba

  • Price: $850,000
  • Gross Yield: Potential 6.2%
  • Capital Value: $475,000
  • Rental Status: Long term tenants of 4 years with no rent increases given.
    Main home $430 p/w
    Minor Dwelling $400 p/w
  • Rent Appraisal: Main home: $510 - $550 p/w
    Minor Dwelling: $440 - $470 p/w
    Total: $950 - $1,020
  • Annual Rates: $2,473
  • Estate Type: Freehold
  • Floor Area: 155m2
  • Land Area: 688m2

Are we close?

If this property is not quite what you are looking for, contact the agent today to discuss finding a property directly for you.

About the Property

Two homes on the one title. Both legally permitted. The main home which was built in the 70s consists of 3 double bedrooms with wardrobes, separate laundry, bathroom and separate toilet. The spacious kitchen is open to the dining area which leads you to the lounge and front porch, the rear is host to your carport and garden shed, with additional off street parking.

The minor dwelling built of fibre cement and iron also includes a carport with extra parking and garden shed. Entering via the front deck takes you into an open plan kitchen and lounge, offering a separate laundry, bathroom (shower over bath) and 2 bedrooms.

A shared driveway leads to both homes with each being completely separate and private from one another. The outdoors are of easy care nature enjoying mostly grass, trees and shrubs. Both properties were renovated approx. 3 years ago inside and out therefore should prove low maintenance going forward, floor and ceiling insulation has been installed in both homes.

Those of you who familiar with this area will realise the exceptional value in this opportunity.

Recent sales in the area:

46 Jillian Dr, stand alone 3 bed home on 1198m2 (down long driveway back section) - just sold in September $750,000.

30 Jillian Dr - Home and income on 675m2 - sold 30 June 17 for $930,000

19 Jillian Dr, Stand alone 4 bed home on 672m2 - sold 30 June 17 for $672,000

You'll need to get in touch asap to secure this opportunity.

Amenities

Train station - 3 min walk

Pooks reserve - 3 min walk

Easy access to on/off ramp Western motorway

8km drive to 'Northwest shopping centre' - Aucklands newest shopping destination !

QV Property Report 35 Jillian Drive Ranui Auckland.pdf

Rates File 35 Jillian Drive Ranui Auckland.pdf

iFindProperty Maxine Clason-Thomas

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

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Agent Contact Details

iFindProperty Maxine Clason-Thomas

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

As fate would have it, I signed the Sales and Purchase agreement on the day I flew overseas for two weeks. With an eight-hour time difference, working through due diligence could have been a challenge; could have been if it wasn’t for the tireless support I received from Maxine.

She provided updates, recommendations and was always available to meet people on-site during due diligence.

Thank you Maxine, and iFindProperty for making our recent purchase possible.

Barry Deed

Maxine persevered with us investigating many properties in a very challenging market, before completing a successful purchase.

We were very pleased with her determination to find the right deal for us, in particular as we are out of NZ, and need to rely heavily on local knowledge and advice.

John & Penny

It has been a pleasure to work with Maxine on this purchase. I found her to be personable, responsive, intelligent & experienced, very helpful and available.