4A/11C City Road, City Centre

$119,000

2 Bed
1 Bath
2 Garage

Investor Attention! Over 17% Net Return!


Here is your great opportunity to lock up this rare inner-city Corner pad in the popular Q-Central apartments! This well-maintained LEASEHOLD apartment boasts two generous-sized bedrooms, one bathroom and TWO car parking spaces!

Enjoy open-plan living with a modern kitchen and dining area that flows seamlessly onto the North-facing balcony - ideal for relaxing or entertaining. Floor-to-ceiling windows and sliding doors in each bedroom provide ample natural light and ventilation, creating a bright and welcoming space.

Key features:
  • Leasehold Title
  • 2 decent-sized bedrooms + 1 bathroom
  • 2 Side by Side carpark add a great bonus
  • Only one apartment per floor, meaning you won’t have any immediate neighbour beside you-offering maximum privacy and a more peaceful living environment.
  • Internal floor area of approx. 59sqm plus a North-facing balcony
  • Current weekly rental income: $620 (apartment) + $100 (2 carparks, $50 for each carpark), make up $720/p.w in total
  • Full furniture package is included

Annual outgoings:
  • Ground Rent: $11,449.03/p.a (Ground Lease expired in 2086)
  • Operating Expenses: $5,150.52/p.a (apartment of $4,435.59/p.a, carpark of $714.93/p.a)
  • City Council Rates: $1,890.41/p.a

Situated in a prime location just steps away from Auckland University, Queen Street, top schools, the library, Aotea Square, and IMAX theatre. Surrounded by boutique cafés, fine dining, and luxury shopping. Quick access to motorways in all directions makes this location unbeatable!

A perfect lock-up-and-leave for city professionals, students, or investors looking for strong rental returns. Act fast - this one won’t last long! Contact Selina today to arrange a viewing!

Property details

Location:
4A/11C City Road, City Centre
Property type:
Apartment
Bedrooms:
2
Bathrooms:
1
Garaging:
2
Property ID:
914745

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Other nearby schools

  • The BUSY School NZ 0.1 km
  • UP International College New Zealand 0.2 km
  • Auckland Senior College 0.6 km
  • Northern Health School 0.8 km
  • Galaxy International College 1.0 km
  • Crimson Global Academy1.2 km
  • Newton Central School1.2 km
  • St Peter's College (Epsom)1.4 km
  • ACG Parnell College1.6 km
  • St Mary's College (Ponsonby)1.7 km
  • Newmarket School1.9 km
  • Ficino School1.9 km
  • Richmond Road School2.0 km
  • Kowhai Intermediate School2.1 km
  • St Paul's College (Ponsonby)2.2 km
10 more schools

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