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  1. #1

    Default Investment Property in Manurewa

    Hi All, my wife and I are new to property investment. We are ready to buy our first rental, we currently live in North Shore and looking at rental in South Auckland. We have narrowed down a property located at Mountfort St, Manurewa. I just want to ask few questions. 1. if that is in good part of Manurewa? 2. Will I have trouble finding good tenants? Thanks in advance for your help

  2. #2
    Join Date
    May 2007
    Location
    Hamilton
    Posts
    3,656

    Default

    Talk to two or three property managers that are independent to the real estate agent. They should be able to give you a rental appraisel and if you chat to them you should be able to get an idea of the area and how easy to rent.

    Good luck

    Ross
    Not sure where to start, book a free chat for 5-10 minutes https://cswaikato.co.nz/services-pro...s-hamilton/201
    Ross Barnett - Coombe Smith Property Accountants


  3. #3
    Join Date
    Jan 2006
    Location
    Auckland
    Posts
    89

    Default

    Particularly with South Auckland I always look at how much HNZ stock is in the immediate area, there is not so much around Mountfort street but a real concentration of HNZ on the other (Mahia road side) of Leabank park

    Cheers Brendon

  4. #4

    Default

    Quote Originally Posted by Anonymous0158 View Post
    Hi All, my wife and I are new to property investment. We are ready to buy our first rental, we currently live in North Shore and looking at rental in South Auckland. We have narrowed down a property located at Mountfort St, Manurewa. I just want to ask few questions. 1. if that is in good part of Manurewa? 2. Will I have trouble finding good tenants? Thanks in advance for your help
    not really
    "Remember, people will judge you by your actions,not your intentions.You may have a heart of gold -but so does a hard-boiled egg".

  5. #5

    Default

    Quote Originally Posted by DontPanic View Post
    Particularly with South Auckland I always look at how much HNZ stock is in the immediate area, there is not so much around Mountfort street but a real concentration of HNZ on the other (Mahia road side) of Leabank park

    Cheers Brendon
    great advice, HNZ can bring with it problems
    "Remember, people will judge you by your actions,not your intentions.You may have a heart of gold -but so does a hard-boiled egg".

  6. #6

    Default

    Sorry, I'm just clarifying you advised "not really" was that for the good area of Manurewa or for finding tenants?


 

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