Car Park 651/2-4 York Street, Newmarket

$48,999Plus GST (if any)

1 Bed
1 Bath
1 Carport

Three carparks for sale in Central Newmarket

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.

Property details

Car Park 651/2-4 York Street, Newmarket
Property ID:
Title(s), Insulation Certificate

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

In zone schools

Nearby schools

  • ACG Parnell College0.5 km
  • St Peter's College (Epsom)0.6 km
  • St Michael's Catholic School (Remuera)0.9 km
  • Mt Hobson Academy1.0 km
  • Diocesan School For Girls1.3 km
  • Dilworth School1.5 km
  • Ficino School1.6 km
  • Parnell School1.7 km
  • MindAlive1.8 km
  • Northern Health School1.8 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

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