Property listing ID: 935488
What we are bringing to you today is the chance to own a FREEHOLD one-bedroom studio apartment in Auckland CBD at the 1/2 of its actual value, as the building has weathertightness issues. Discerning investors would realise that once a freehold building's defects get repaired, the building's value will raise to what it really worth. That's why this building has such a huge potential! Key Features: • Of course, it’s Stratum in Freehold title • One spacious bedroom with one contemporary bathroom • Bright and airy open-plan kitchen, dining, and living area • Internal floor size of approx. 36sqm plus a large balcony • The generous balcony providing valuable outdoor living space, perfect for relaxing, entertaining, or enjoying the city atmosphere • Functional kitchen with sleek cabinetry and modern appliances • Full furniture package is included • Current vacant, ready for you to move in or rent out • Rental appraisal: $420-450/p.w Affordable annual outgoings: • City council rates: $1,165.91/p.a • BC levy: $5,914.38/p.a Positioned in the heart of Auckland CBD, this apartment offers exceptional convenience, with supermarkets, Britomart Station, Queen Street shopping, the University of Auckland, AUT, and a wide range of cafés and restaurants all within easy walking distance. Excellent public transport links, including buses and trains just steps away, make commuting effortless and support a truly car-free lifestyle. If you are an astute investor, wants to secure a property with GREAT CASH FLOW and BIG POTENTIAL ON FUTURE CAPITAL GAIN, please focus your eyes on this one. Motivated vendor instructs to sell! Call Selina for more details!
Listed by Barfoot & Thompson , Selina Zheng (City)