6/2 Bailey Road Mount Wellington, Auckland City 1060

Attention all mum & dad investors. 3 freehold studio units for sale together or individually. The outcome here is passive income (5.4% gross yield) with capital growth. Current rental income of $45,500 pa just keeps rolling in, but this seems light for these units and their location.

With a northerly aspect, the complex offer's its occupants an easy environment in which to live, close to the hub of Ellerslie shopping centre, Sylvia Park Shopping centre and Penrose Industrial Zone.

Two units are complemented with private courtyards, and off street carparking for all three unit.

Properties in this location should not be missed

Must see for owner occupiers and investors alike

All units are tenanted and demand is high from prospective tenants when a vacancy arises, which is demonstrated by the property's high occupancy rate. Long-term tenancies are the norm, thus creating a hassle-free appealing investment.

Reference no's for DMR22434, DMR22435 and DMR22436

For private viewing please contact listing agent Greig Kirby 0274916901