8 Orrell Place, Mangere

Sold April 2024 for $780,000

4 Bed
2 Bath
1 Lounge
2 Garage
2 Carport

Secure Your Future Now!


Attention savvy investors! An exclusive opportunity awaits you at 8 Orrell Place, Mangere - a property designed for those who want to sit back, relax, and watch their wealth grow. This is not just a house; it's a strategic investment with a guaranteed stream of income.

?? Cash Flow Galore: $840 Weekly Rent! Sit back and let the dollars roll in with a generous weekly rental income of $840. Imagine the financial freedom of collecting rent effortlessly, week after week!

?? Strategic Hold for 4 Years - Cash Out Ready! This property is your ticket to wealth accumulation. Currently leased to Housing New Zealand, you can strategically hold onto this investment for four years and cash out when the market is on the rise. It's the perfect game plan for smart investors!

?? Housing NZ Lease Until 31st Jan, 2028! Secure your income with a continuous rental agreement in place until January 31, 2028. Housing New Zealand, a reputable tenant, guarantees you stability and peace of mind.

?? Built-in Profit: 2% Annual Rental Increase! Watch your investment grow effortlessly with a built-in 2% annual rental increase. This ensures your returns keep pace with the market, maximizing your profit potential.

??? Worry-Free Ownership: HNZ Handles Maintenance and Repairs! Enjoy a hassle-free investment experience as Housing NZ takes care of all maintenance, repairs, and lawn upkeep. They've got it covered - from minor fixes to ensuring the property remains in top-notch condition.

??? Renovation on the House! At the end of the lease term, Housing NZ will go the extra mile. They'll paint, fix damages, redecorate, and refurbish fixtures, fittings, and chattels to leave the home in pristine condition. Your property will be handed back to you in excellent shape!

?? Don't Miss Out on this Investment Gem! Seize the moment and secure your financial future. Opportunities like 8 Orrell Place don't come around every day. Act now and be part of a lucrative investment that promises not just a house but a pathway to financial success.

Contact us today to schedule a viewing and make this investment dream a reality! ??

Property details

Location:
8 Orrell Place, Mangere
Property type:
House
Land area:
548m²
Bedrooms:
4
Bathrooms:
2
Family room:
1
Garaging:
2
Carport:
2
Property ID:
858982

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • Robertson Road School 1.2 km
  • Kingsford School 1.2 km
  • Nga Iwi School 1.2 km
  • Te Kura Māori o Ngā Tapuwae 1.6 km
  • Southern Cross Campus (Yrs 7-8) 1.6 km
  • Southern Cross Campus (Yrs 9-15)1.6 km
  • Southern Cross Campus (Yrs 1-6)1.6 km
  • Rise UP Academy1.7 km
  • Kedgley Intermediate1.7 km
  • St Mary MacKillop Catholic School1.8 km
  • Mangere East School1.8 km
  • Zayed College for Girls2.0 km
  • Papatoetoe North School2.0 km
  • Al-Madinah School2.0 km
  • Mangere Central School2.2 km
10 more schools

Ask a question about 8 Orrell Place, Mangere