Papamoa 5/18 Ashley Place
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Numbers That Make Sense
Tucked within The Kohu Quarter, this freehold, 2017 built townhouse delivers the kind of performance investors love - strong returns, minimal upkeep and a reliable long term tenant who's keen to stay on. Modern, low maintenance and Healthy Homes compliant, it's a straightforward, set and forget option in a Papamoa location where rental demand remains consistently high.
North facing and double glazed, the home feels warm and welcoming, with light filled open plan living that opens to a sunny deck overlooking the communal green. The three level layout provides flexibility for flatmates or extended family, ensuring broad tenant appeal and steady occupancy. It's the kind of home people settle into, and the length of the current tenancy speaks for itself.
Positioned in a secure gated community bordering tranquil waterways, the location speaks for itself. Schools, State Highway 2 access and expanding amenities are all close by, enhancing long term appeal for renters and underpinning steady performance for owners. With minimal upkeep and premium rental demand, this is a smart choice for investors seeking strong, reliable returns without the stress.
Opportunities with this level of certainty don't come up often - the figures make sense and the smart money will move quickly.
For Sale
$629,000
Property ID:
EMT20847
Legal Description:
Firstly an estate in fee simple in all that parcel of land containing 65 square metres more or less being Lot 32 on Deposited Plan 507763, secondly an estate in fee simple as to an undivided 1/39 share in all that parcel of land containing 568 square metres more or less being Lot 40 on Deposited Plan 507763, thirdly an estate in fee simple as to an undivided 1/39 share in all that parcel of land containing 2345 square metres more or less being Lot 43 on Deposited Plan 507763 and fourthly an estate in fee simple as to an undivided 1/12 share in all that parcel of land containing 818 square metres more or less being Lot 41 on Deposited Plan 507763 . All the estates being comprised and described in Record of Title 777481 (South Auckland Registry).
Year Built*:
2010-19
Roof:
Steel/g-iron
Joinery:
Aluminium
House Area*:
115 square metres (approx)
Bedrooms:
3
Garaging:
Single
Chattels:
Blinds, Auto Garage Door x 1 and Remotes x 2, Dishwasher, Fixed Floor Coverings, Heat Pump, Heated Towel Rail x 1 Light Fittings, Electric Hob (as is where is), Rangehood (as is where is), Under Bench Oven.
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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