Anyone renting out fully furnished properties in Auckland? If so, are you finding it worthwhile?
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the house across the road from me is rented out, it was furnished and was rented out dearer because of it, the last time it went on the rental market they struggled to rent it as everyone who looked at it had their own furniture, it didnt help that the furniture looked like the stuff grandma had in the 60s, after sitting empty for 3 months they emptied the furniture out and it rented straight away
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Yeah, that's the downside. Really the question is more if the margin you make might make it worthwhile. With the strong immigrant flow, I was just wondering if the market for it was growing. Downsides are, of course, wear and tear and I'd expect a higher turn over of tenants as it would appeal to those moving around more.
This is a central Auckland townhouse I was thinking about doing this with. Hell, even considering doing it as serviced short term, but that is also more of an apartment market.
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I actually have a rental that is semi-furnished in South Auckland and have had managed to attract 'OK' tenants compared to the surrounding neighbourhood.www.PropertyMinder.co.nz
# Property Management
# Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices
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Semi-furnished as in there is a couch, coffee table, dining set with chairs, and bed. No whiteware.www.PropertyMinder.co.nz
# Property Management
# Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices
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