Over 10% net return! Live in or Rent Out

Property listing ID: 942434

Bedrooms
2
Bathrooms
1
Garage
2
Covered parks
2
Price / method
$119,000

Here is your opportunity to secure a well-positioned two-level apartment in the popular Q Central complex, right in the heart of Auckland CBD. This approximately 70sqm apartment offers a practical two-level layout, with two bedrooms upstairs and living spaces arranged below. The thoughtful separation between living and sleeping areas provides a comfortable and functional layout for modern city living. This city pad features: • Leasehold title, with the lease term running through to 30 December 2086 • Two-level penthouse configuration with approx. 70sqm floor area • Two well-proportioned bedrooms on the upper level • Tandem car park, a valuable bonus for convenient off-street parking • Open plan living & dining area with slider access to the spacious balcony • Owner-occupied and very well maintained, having been carefully looked after as a cherished home • Rental appraisal: $650-$680/p.w Annual outgoings: • Ground rent: $13,572.96/p.a, payable quarterly at $3,393.24 • Opex levy: $6,175.58/p.a, payable quarterly at approx. $1,543.90 • Auckland council rates: $2,550.43/p.a Q Central enjoys a convenient inner-city location, with Auckland's CBD amenities right on your doorstep. Auckland University, Queen Street, Auckland Central Library, Aotea Square, restaurants, cafés, shopping and entertainment options are all within easy reach, while motorway access provides convenient connections to other parts of Auckland. Whether you're looking for a convenient city residence, a lock-up-and-leave apartment, or an investment opportunity, this two-level home offers a great chance to secure a property in a popular central location. Contact us today to arrange a viewing!

Listed by Barfoot & Thompson , Selina Zheng (City) , Aaron Cook (City)