1-13/6-8 Lyndon Place, Manurewa - myplace | Real Estate for Sale in New Zealand

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Lease in Place on Completion - 5.5% Gross Yield*

1-13/6-8 Lyndon Place, Manurewa, Manukau City

Buy a brand-new home with a tenant in place from settlement.

6-8 Lyndon Place, Manurewa is a group of 13 new townhouses: ten 2-bedroom and three 3-bedroom homes, each with 1.5 bathrooms. Most have a car park. Estimated completion: January/February 2027.

Lease in place on completion

2-bedroom from $605,000, rent $640 per week

3-bedroom from $690,000, rent $730 per week

5.5% gross yield*

First 5 units sold: the vendor tops up the rent by $20 per week for the first 3 years, about 5.7% gross yield.*

Indicative lease: 3 + 3 or 5 + 5 years, yearly CPI rent increases of 2% to 3%, market rent review at the end of the first term. Subject to final lease terms.

Fully managed and hands-off: property management fees are included at no extra cost, and the lease is planned to start from settlement, subject to final lease terms.

Contact Don Ha Projects
ketan.patel@remax.co.nz
0800 888 000

*Terms and conditions apply.