47m2 (according to council information) plus balcony, this Harbour Green Two bedroom apartment is freehold.
Currently rented at $560 per week which is equivalent of 6.78% gross return or 5.5% net return (after deducting BC and Rates) based on the asking price of $429,000. Ideal for investors buying for consistent rental income as well as potential capital growth due to its lendable size and affordability.
Set in the vibrant Freemans Bay part of the CBD with easy access to motorways, walking distance to Works Depot, Viaduct Harbour, Wynyard Quarter or Quick Uber to Ponsonby for Friday Dinner & Drinks the Auckland City living just can't get much more convenient than this!
With Under Ground Railway Station planned near Aotea Square and New SkyCity Convention Centre currently under construction on Hobson Street. This Location has so much more to offer!
Did I mention AirBnB potential? And with the America's Cup 2021 confirmed to be held in Auckland the potential is massive!