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Discover an exceptional investment prospect that transcends the ordinary!
This delightful corner unit apartment, located right next door to AUT and just a stone's throw away from Auckland University, offers a golden opportunity for both parents looking to secure a comfortable living space for their university-bound kids and savvy investors seeking a lucrative addition to their portfolio.
Welcome to this charming one-bedroom, one-bathroom apartment, boasting approximately 37sqm of living space and a covered balcony to soak in the captivating city views. Positioned on the North side, the lounge and bedroom are naturally lit throughout the day, providing a warm and inviting ambience.
Step inside to find a thoughtfully designed space complemented by furnishings included with the property. You'll be impressed by the bedroom, adorned with an external window that infuses the room with fresh air and sunlight. It's the ideal environment for your university-goer to focus and flourish.
Currently tenanted at $405 per week, this apartment guarantees a steady income stream from day one. However, the potential doesn't end there! With a touch of TLC, you can boost the rental appraisal to $450 to $480 per week, maximizing your return on investment.
As an investor, you'll appreciate the attractive figures, with a Body Corporate levy of $5,874.11 and Council rates of around $1,107.88, providing a balanced financial outlook.
This sought-after property ticks all the boxes for investors and parents, making it an irresistible opportunity you want to take advantage of.
Contact me to arrange a viewing today and see why this apartment is the perfect investment for you and your university-bound kid