Property listing ID: 853957
Looking to diversify your investment portfolio? Here's an unmissable chance! We present to you a fantastic investment opportunity in the heart of Auckland City - a 25sqm (more or less) leasehold apartment with a parking, nestled within a purpose-built student accommodation block. Key Features: * Stratum in Leasehold Title * One Well-Apportioned Bedroom, One Parking * Open Plan Kitchen/Dining/Living and Separate Bathroom * Flexible Usage Options: Live in, Rent Out Yourself, or Leave It in the Expert Hands of Unilodge Management Low Maintenance and Reasonable Annual Outgoings: Ground Rent: $6,051.52/p.a Operating Levy: $5,917.00/p.a (1/03/2023 to 29/02/2024) City Council Rate: $1,668.75/p.a Long-term Maintenance Fund: $835.44/p.a Rental Appraisal: $480-510 per week for the apartment including parking. High Yield Surpassing Interest Rates! Ground Lease Details: Current Lease Commencement Date: 1 March 2021 Term: 20 Years This strategically located building places you right in the heart of beautiful Auckland City. Imagine being just a few minutes walk away from Auckland University, Albert Park, Britomart train station, the motorway, Queen Street shops, and a variety of eateries. But it's not just about the prime location; residents can also indulge in an array of recreational facilities, including Outdoor Pool, Terraced BBQ Area, Communal Kitchen and Dining Area, and Lounge for Relaxation. Don't let this golden investment opportunity slip through your fingers! Join us at the auction and secure your piece of Aucklands thriving property market. Whether you're a seasoned investor or just starting, this apartment promises great returns and endless potential.
Listed by Barfoot & Thompson , Mandy Huang (Highland Park) , Jack Hu (Highland Park)