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Otahuhu, 412 Great South Road

Economic Sense

Price on Application

Listing Number: OTA3325
About this listing
Think about this for a while
The official cash Rate (OCR) is at its lowest at the moment at 1.5 percent.
The meaning of this information will be different for each person depending on circumstance and intend.

If you are borrowing from banks the interest could be the lowest you had ever experienced. Money is cheap. That's good news.

If you are keeping cash in the bank, the interest you are receiving could be the lowest you had ever experienced. Money is expensive. That's not so good news.

The possible way out is to purchase this unit as an investment.
Floor area of the unit is approx 80 square metres.
Comes with a kitchen and a toilet.
Great location on Great south Rd Otahuhu.
Capital Value $560 000 (Jul 2017)

Stable Long term foreign government tenant paying $33 120 + GST plus OPEX annually.
The income you will be getting could be more than keeping your money in the bank.
That is news that will make you smile
It make economic sense.

Call me now to discuss this further.
Property Information
  • Approx Floor Area: 80 sqm
  • Property Type: Office
  • Approx Floor Area
    • Office Square Metres: 80
  • Property Details: Tenanted Investment
  • Tenure: Unit Title
  • Tenancy 2: Area Sqm: 80, Tenant Name: Tongan NGO

Contact Details

Harcourts Otahuhu

Reliable Real Estate Limited

Licensed REAA 2008

507B Great South Road
Otahuhu
Auckland

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