In the heart of Parnell, a freshly upgraded exterior, this three level property is great for families and smart investors.
• Leasehold 3 bedrooms, 2 bathrooms & single internal access garage • City Fringe Living : Walking distance to public transports • Centre to city & Parnell shopping, entertainment, bars & clubs • Countdown • Close to Auckland University, Auckland Hospital, Auckland Domain & Vector Arena
Yes, it is Leasehold, but please do your maths. With annual outgoings at approximately $18624 per annum (including ground rent approximately $13947 + Body corporate fees & rates and annual income at approximately $42120 per annum (see attached rental appraisal $810/w) that's a potential yield of 9% pa.
Producing approximately $23496 cash surplus per year, imagine the pleasure of freezing your rent or outgoings every 7 years in a premium location.
Make an offer today.
Please book your viewing in advance with your salesperson. At Level 3 each property is limited to two individual private inspections per day including Saturdays and Sundays."