409/88 The Strand Parnell | Barfoot & Thompson

409/88 The Strand, Parnell

$239,000

1 Bed
1 Bath
1 Garaging

ASTUTE INVESTORS - VERY GOOD RENTAL RETURN!


This is a LEASEHOLD fully furnished one bedroom apartment with balcony, secure carpark and storage locker in the luxury Mirage apartment complex. Offers investors a top rental return on rental income of $450pw.

The Mirage is a popular choice for owner occupiers, tenants and landlords. There's often a waiting list for a vacancy and there are landlords that own multiple rentals in the complex. Residents love the fabulous facilities including heating/cooling air-conditioning, swimming pool, indoor lap-pool, gym, sauna, spa, tennis court and outdoor BBQ facilities. Easy walk to CBD, Parnell, universities, French Market, waterfront and cafés. Mirage is a premium resort style apartment complex with a well-managed body corporate.

•150 Year Lease - Ground Rent Fixed to August 2025 at $446 per month ($5,352pa)

•Body Corporate Fee $292 per month ($3,500pa)

•Council Rates $1,230pa

•Currently Rented at $450pw ($23,400pa) Periodic Tenancy with long term tenant in residence

Do the maths, this is a great rental or city fringe pied-a-terre and for sale at asking price $239,000.

Contact me for more details and to arrange an appointment to view.

Interior photos used in this advertising were taken with some home staging prior to the tenant taking residence.

Property details

Location:
409/88 The Strand, Parnell
Property type:
Apartment
Bedrooms:
1
Bathrooms:
1
Garaging:
1
Tennis court:
Yes
Swimming pool:
Yes
Property ID:
805883

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

In zone schools

Nearby schools

  • Crimson Global Academy0.2 km
  • ACG Parnell College1.7 km
  • UP International College New Zealand1.9 km
  • MindAlive2.0 km
  • Northern Health School2.0 km
  • Auckland Senior College2.1 km
  • Kadimah School2.2 km
  • Victoria Avenue School2.4 km
  • St Peter's College (Epsom)2.4 km
  • Saint Kentigern Boys' School2.4 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

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