Ray Small Drive, Papakura, Auckland

With an updated rental appraisal up to $630, the rental yield on this property is up to 5.7% based on the asking price.  And -  I can comfortably say, the current Tenant is amazing!  The property is taken care of like it's their own home.  Just look at the photos.

We've run the numbers, and you might actually earn more with the Body Corporate in place!  With external maintenance and insurance covered, you can enjoy a net income of $25,960 and a net yield of 4.51%, all while benefiting from the comprehensive services and peace of mind that a Body Corporate provides. Just look how well maintained this property is after 8 years.

Key highlights: 
- Annual rent: $32,760 based on up to date rental appraisal
- Body Corporate fees: $3,283 (includes property insurance & external maintenance)  
- Low maintenance, solid returns.

Perfect for investors who want steady income without the stress! 

And if you're not sure if you can afford it, get in touch and we'll see if our mortgage broker can help you out!

If you're a first home buyer - the best thing about this property is that it has 2 full bathrooms and a third separate toilet. Perfect for renting out the second bedroom and covering part of your mortgage.  


Key Features:
Two Spacious Bedrooms
Two Contemporary Bathrooms (inc Ensuite)
Modern Kitchen
Low-Maintenance Outdoor Area

 Download the infopack from https://realestatewithben.co.nz/property/11-ray-small-drive-papakura/