[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?


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

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Additional Information

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.


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

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

021 990 252

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Agent Contact Details

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

021 990 252

I used Maxine to buy an apartment while overseas, she was very quick to reply to all my questions. Working with her made the whole process go a lot smoother. She understands the struggles of buying Property while overseas so she helped me out in anyway she could. I would highly recommend her.

Moemen Elbeltagi

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.