What we are bringing to you today is the chance to own a FREEHOLD one-bedroom apartment in Auckland CBD at the 1/3 of its actual value, as the building has weathertightness issues. Discerning investors would realize 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!
What this cosy complex offers: • Stratum in Freehold title • Well laid out one bedroom apartment with one bathroom • Internal floor size of 37sqm PLUS a spacious balcony • One undercover secure carpark and one storage locker to complete the package • High up on 6th level, south-west facing with afternoon sunshine and great city views
Reasonable annual outgoings: • Auckland Council Rates: $1,513.05/p.a • BC Levy: $7,912.76/p.a
The remedial issue doesn't change its sought-after location. Zoned for Auckland Grammar School. Central city location offers a lot of entertainment venues, whether you enjoy dining out or shopping. Close to AUT and is surrounded by many other schools and businesses, this apartment is ideal for students and professionals working in Auckland's CBD, or if you're looking for a rental property to add into your investment portfolio - this apartment might be an ideal investment choice.
If you are an astute investor, wants to secure a property with GREAT CASH FLOW and BIG POTENTIAL ON FUTURE CAPTIAL GAIN, please focus your eyes on this one. Motivated vendor instructs to sell! Call Selina for more details!