417/5-9 Madeira Lane Grafton | Barfoot & Thompson

417/5-9 Madeira Lane, Grafton

For sale by negotiation

1 Bed
1 Bath

Brand New Top Floor Studio at NEO - One of last remaining

NEO is a brand new, premium city fringe apartment development situated on an elevated site in a quiet cul-de-sac in Grafton.

With a limited number of studio apartments priced from $490K, NEO represents an attractive opportunity for strong future capital gains and high rental yields for the discerning investor.

The studios are an ideal investment property as demand for quality rental accommodation in Grafton is very high, with major employers such as the hospital and university located nearby.

• Rental Appraisal $520 - $550 per week
• Body Corporate levies are low, approximately $1,700 pa
• Views of Mt Hobson from the top floor and the historic churches on Khyber Pass
• South/west facing with good afternoon sun
• Functional open plan living space, with high ceilings & sliding doors to close-off bedroom
• Premium compact kitchen with European appliances
• Sleek and modern bathroom with underfloor heating & hidden laundry
• Beautiful timber flooring
• Walking distance to Auckland CBD & Universities
• 15-minute walk to Newmarket
• 10-minute walk to Auckland Hospital & Medical School
• Close to buses, trains and motorway access

Construction has just been completed, with settlement date expected to be in April.

Just a 10% deposit will secure your apartment, so don't delay as the last remaining apartments are selling fast!

Viewing is now available on site but is strictly by appointment only. Please contact me to arrange a time.

Property details

417/5-9 Madeira Lane, Grafton
Property type:
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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)0.7 km
  • MindAlive0.8 km
  • Northern Health School0.9 km
  • Kadimah School0.9 km
  • UP International College New Zealand1.0 km
  • Newton Central School1.0 km
  • Ficino School1.1 km
  • ACG Parnell College1.3 km
  • Auckland Senior College1.4 km
  • Freemans Bay School1.6 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

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