Over 14% Net Return!

Property listing ID: 845380

Bedrooms
1
Bathrooms
1
Price / method
Sold March 2023 for $80,000

Call for investors, young couple, and University students! If you are thinking of having a home free of paying to your landlords, or thinking of having a net 14% (approx.) yield right in the CBD area with a short stroll to Auckland University, AUT and shops, this affordable apartment must be your best choice! This newly refurbished and fully furnished one bedroom corner apartment high up on 5th floor, 40sqm plus a well-sized balcony. Located just off Queen St, zoned for Auckland Grammar School & Auckland Girl's Grammar School. PLEASE NOTE: THIS IS A LEASEHOLD APARTMENT This fabulous leasehold city pad features: • One generous-sized bedroom and a bathroom • 40sqm internal size plus a spacious balcony • Corner unit, north-west facing with stunning Skytower and city views • Newly renovated apartment with new painting & new wooden floor • Brand-new furniture package is included. What you see, what you get! • Vacant for you to move in or rent out Reasonable annual outgoings make this a great investment option: • Ground Rent: $6,630.88/p.a (Lease expireson 30 Dec 2086) • Operating Levy: $4,725.47/p.a • Auckland Council Rates: $1,170.77/p.a An address to impress discerning investors, a home to satisfy owner occupiers. This apartment complements all your personal requirements. Motivated vendor wants to get it sold! Call Selina for more details or to organise a private viewing!

Listed by Barfoot & Thompson , Selina Zheng (City)