Property listing ID: 915977
Sit back and watch your money grow with this fully managed, hands-off freehold investment in a popular part of Auckland’s thriving city centre (close to Wynyard Quarter). This northwest-facing, 1-bedroom apartment is located on the first floor of the well-regarded Quest on Beaumont complex and is currently under a long-term lease to Quest. As such, this provides good cash flow/ passive income, being strictly an investment property (not available for owner-occupiers, so investors, you won't have them as competition when buying this!). With approximately 34m² of efficiently designed space, this unit offers consistent returns through a trusted hotel operator. Quest handles all day-to-day management, making this an ideal set-and-forget investment for buyers seeking passive income with minimal involvement. Key Investment Highlights: • Fixed lease in place with Quest Hotel • Regular rental income currently at $2007.79 per month with scheduled rent reviews • No need for property management or tenant sourcing • Prime city location near Viaduct Harbour, Wynyard Quarter, Ponsonby Road, Freemans Bay, • St Marys Bay and transport links • Annual Outgoings: • Body Corporate Levy: $3,514.52 p.a. • Council Rates: $3,291.50 p.a. Located just across the road from Victoria Park and only a short stroll from Auckland’s premier entertainment and business districts, this property is ideally positioned to benefit from the continued growth and popularity of the CBD and surrounding areas. This is a rare chance to own a stress-free investment in one of Auckland’s most desirable central locations. Contact me today to arrange a viewing.
Listed by Barfoot & Thompson , Aaron Cook (City)