WEST AUCKLAND TOWNHOUSE: 8% POTENTIAL YIELD
11 Lockington Avenue
3 Double Bedrooms. 2 Bathrooms (including Ensuite). 3 Toilets. Single internal access garage. Close to Lincoln Road, Westfield WestCity Mall, supermarkets and motorway on-ramps. Additional Information: This is a low maintenance, 3 bedroom, 2 storey, plaster townhouse in a great rental area of Henderson. It was built between 2000-2009, is on a freehold title, and is surrounded by similar properties in the subdivision.
The current tenant has been there for approximately 6 months. They have kept the property very tidy, and would like to stay on. It is currently rented at $330 p/w with the potential to increase. We have a rental appraisal from Harcourts of $330 - $350 p/w, in its current state, or $370 - $385 p/w, if some minor renovations were to take place. In its current state it is perfectly fine, but to increase the yield, new paint in the bedrooms and laying new carpet throughout would be beneficial, but not essential ($5,000 has been calculated in these figures to allow for this). The house is painted in neutral tones throughout and has good flow, with an open-plan living and dining area. Large windows allow plenty of sun. The main bathroom upstairs has a shower over the bath, a vanity and a toilet.
The ensuite has a separate shower and toilet. There is also the addition of a separate toilet downstairs for convenience! The single internal access garage also incorporates the laundry. As with any plaster house, we recommend a builders report, but from initial inspections from a non-specialist all looks fine. Location: The bus route is an approx 10 minute walk, and the drive to Westfield WestCity (Shopping Centre), Waitakere Hospital and Lincoln Road is also approx 10 minutes. It is exceptionally close to Sturges train station, and 0.6km to Waitakere College & 0.6km to Summerland Primary. Recent Sales: 59 Rakich Place, Henderson - RV $230,000, Sold April 2012 for $237,000 (Land Area 150m2, Floor Area 97m2) 89 Winery Way, Henderson - RV $270,000, Sold April 2012 for $315,000 (Land Area 134m2, Floor Area 84m2) If you are at all interested in this property please contact us ASAP at email@example.com (and include a contact phone number), or go to ifindproperty.co.nz for more information. Please note, we are currently fielding a large number of enquiries for our properties, and as such we will be replying as soon as we are able to, on a first-in-first-served basis. All I Find Property Buyers Agents are licensed by the REAA (Real Estate Agents Authority 2008).
|Rooms:||3 bedrooms, 2 bathrooms, 1 car garage|
|Area:||House area: 125 sq. m, Land area: 136 sq. m|
|Rates:||$1,183 per year|
|Rent:||Currently tenanted, $330 rental per week|
|Web site:||Click here »|
|Company:||I Find Property|
|Email:||Contact the seller »|