4 Peng Place MANGERE BRIDGE, Manukau City

Excellent one level 5 bedroom home. Brick and tile
construction with lowest maintenance required. Don't expect
any leaks here. Housing New Zealand have a lease for 10
years from 2006. 100% occupancy guaranteed and the property
is fully managed for 8% (incl GST). Current gross rent $460
per week reviewable annually. This is the ultimate hands-
off investment in a good growth area and with a guaranteed
income.