Some West Auckland suburbs still a ‘hot spot’ for strong capital growth

September 9, 2013/
There are still areas that have a solid capital growth record in West Auckland, and this was what our client was looking for when we found this property. Ready to rent straight away this property was a full site, in a sought after area. There are still little gems like this if you know where to look!
Purchase price: $600k, Registered valuation: $630k
$30k of equity on purchase
675 s/m of land, 100 s/m dwelling
Rent: $490 p/w