Net Return Over 8.5%

Property listing ID: 841081

Bedrooms
1
Bathrooms
1
Price / method
Sold March 2023 for $178,000

96 on Symonds is a prestigious and highly in demand building in the University precinct. Great as an investment property with low outgoings and excellent rental income generated. This newly refurbished apartment will be a great buy for your children attending Auckland University & AUT, both well within walking distance. What this cozy complex offers: • Stratum in Freehold title • Good layout studio with no waste space • Big opening window for plenty of fresh air and light • Fully furniture package is included • Vacant for you to move in or rent out • Premium location with high rental demand • Well-maintained building without Leaky Issues • Rent can be $380 - $400/pw • The building features 3 lifts for your convenience, a superette, onsite property management, security cameras throughout the building and an active Building Manager. Low annual outgoings: • City council rates: $986.76/p.a • BC levy: $2,268.02/p.a (after 10% discount if paid before due date) Convenient to Queen Street, K-Road, Grafton bridge, Auckland Domain, Auckland Hospital and public transport. Also, in-zone for Auckland Girls' Grammar School, Newton Central School, Auckland Grammar and Ponsonby Intermediate as well as other schools without zones such as ACG New Zealand International College, ACG Senior College, ACG Parnell College and many more. This freehold apartment offers a carefree and easy lifestyle with everything close to your doorstep. You will wonder why you didn't make the move sooner! Contact Selina today to secure this great opportunity.

Listed by Barfoot & Thompson , Selina Zheng (City)