"Beat the current mortgage rate!"

Property listing ID: 838162

Bedrooms
9
Bathrooms
4
Garage
1
Covered parks
1
Price / method
Sold September 2023 for $850,000

Looking for a high-yielding investment property in central Auckland? This Stratum in Freehold title has a proven track record as a hostel with a current rental income of $1,830 per week plus income from laundry machines in the area of accessory units. The property features 9 bedrooms, 3 showers, 3 toilets, and 1 ensuite, as well as a secure car park and coin laundry machines. Tenants appreciate the well-maintained and safe property, which requires minimal upkeep. The location is unbeatable, with shops, restaurants, and cafes nearby, and the main Auckland Transport Station and Britomart are just a 15-20 minute walk away. Don't miss out on this investment opportunity - the vendors are eager to sell, and the price is reduced to $990,000. Viewing is a must.

Listed by Barfoot & Thompson , Sean Lee (Meadowbank)