Property listing ID: 819638
CBD investor attention! If you are thinking of buying a rental property with a net yield of 8% (approx.) in the desirable Q-City building this affordable apartment is the best choice! Just a short stroll to Auckland University, AUT and all the best shops and restaurants the city has to offer. This low maintenance city pad is sure to impress! High up on 7th floor, equipped with one generous-sized bedroom and a bathroom, the interior floor plan is approx. 40 sqm plus a north-east facing balcony with cityscape and Sky Tower views. Located just off Queen St, zoned for Auckland Grammar & Auckland Girl's Grammar. PLEASE NOTE: THIS IS A LEASEHOLD APARTMENT This fabulous leasehold apartment Features • One bedroom with a great layout • 40sqm(approx.) plus a big balcony Reasonable Annual Outgoings make this a great investment option: • Ground Rent: $6,818.55/p.a • Operating Levy: $4,410.89/p.a • Auckland Council Rates: $$1,339.06/p.a • Net Return between 7.20% and 8.09% (dependent on sale price) Motivated vendor wants to get it sold! Call Selina for viewing today!
Listed by Barfoot & Thompson , Selina Zheng (City)