Car parks are the ultimate passive investment for savvy real estate investors with no fixtures and low maintenance. Here is a rare and unique opportunity in an excellent location.
Located on the corner of Khyber Pass and York St and conveniently positioned just off-Broadway. This opportunity presents great potential as a solid income stream in one of Auckland's most vibrant precincts. Highlights and features as below: - 3 freehold car parks on individual titles in central Newmarket; - Carpark location: on the 5th floor near to the lift up to the bowling club which is on the 6th floor - You can feel free to buy one or buy all; - Unique hands-off investments underpinned by attractive lease agreement; - Approximate cash flow of $1,696+gst per annum for 652; - Approximate cash flow of $3,320+gst per annum for 650 & 651; - Secure access, undercover, with lift access; - Close to Westfield Newmarket & Newmarket train station and all the local facilities.
Further information on the rental return, Body Corporate information and Rates are available on request. Note: this is a carpark only, there are no bedrooms or bathrooms included, please disregard any icons that display as such.