Take the risk, reap the rewards. SOLD! at auction, under the hammer.
Mortgagee sales always sell under market value, and there is an obvious reason for this, they are sold as where is with no warranties whatsoever. So yes there is risk.
This near-new, single-level home needs a new owner ASAP!
Currently rented to a long-term tenant who's happy to stay put, this is a fantastic investment opportunity. Homes like this have been flying off the market, making it an affordable way to step onto the property ladder without needing to sell a kidney. And you will kick off your investment with a yield vastly higher than the current median return for Auckland.
First-home buyers, listen up! For this price, you could squeeze into a tiny two-bedroom apartment with body corporate fees sucking the life out of you. Or you could own this beauty, no shared walls, none of that Bodycorp rubbish, and no asking neighbours permission to move your barbecue two feet to the left.
• No body corp fees - keep your hard-earned ca