105/41 Gillies Avenue, Epsom

$998,000

2 Bed
2 Bath
2 Garaging

Double Grammar Investment Opportunity Knocks!!


Here is an exceptional and unique opportunity to occupy a prime site on the crest of Gillies Ave. Newmarket Apartments puts you in the heart Auckland's most prestigious suburbs located within the Double Grammar Zone. This complex is just completed in Aug 2021.

On offer is this a Brand new DUAL KEY apartment, which means you are purchasing TWO self-contained apartments on one Title. Internal size of 74m2 + 8m2 balcony with total 82sqm, means it's easy to seek bank financing. Two underground carparks are an added bonus, each apartment has its own parking place. You have the option to either rent out both apartments with about $850-$900/pw rental income, or live one and rent out another one to help cover your mortgage.

Reasonable Annual Outgoings make this a great investment option:
• BC Levy: $2,854.75/p.a
• Auckland Council Rates: $3,321.60/p.a
• Net return over 4%

The elegant architecture of these Newmarket Apartments designed by award winning apartment specialists, Leuschke Group, has every aspect, from an articulated glass frontage, to concrete, dark metal, and locally sourced volcanic stone.

A remarkable development with stunning, wide views over Newmarket. Located in the heart of bustling Newmarket, offering dining, entertainment and premium shopping in the newly built Westfield Mall just at your doorstep. Surrounding the main shopping area, are newly popped up eateries, high end fashion boutiques and beauty salons. Newmarket town centre conveniently meets your everyday needs, including pharmacies, supermarkets, banks and gyms. Short walks to beautiful parks, allowing you to enjoy the hustle of this popular suburb as well as still being near nature.

Keen vendor wants to sell ASAP. Pre-auction offers are welcomed!

Property details

Location:
105/41 Gillies Avenue, Epsom
Property type:
Apartment
Bedrooms:
2
Bathrooms:
2
Garaging:
2
Property ID:
818614
Title(s), Rental Appraisal, LIM - Land Information Memorandum

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • St Peter's College (Epsom)0.6 km
  • St Michael's Catholic School (Remuera)0.9 km
  • ACG Parnell College0.9 km
  • Mt Hobson Academy1.0 km
  • Diocesan School For Girls1.0 km
  • Dilworth School1.2 km
  • Ficino School1.3 km
  • Kohia Terrace School1.6 km
  • Mt Eden Normal School1.7 km
  • Eden Campus1.7 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

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