Discover this well-appointed 19 sqm (more or less) studio, an ideal choice for students or city professionals. Currently tenanted at $380 per week, this property promises a reliable income stream for the savvy investor.
It's a leasehold tenure (unit title), the low outgoings, attractive rental yield, and competitive price make this a remarkable cash flow opportunity. Alternatively, it serves as a secure retreat for your university-bound family member.
Key Details:
CV: $185,000
Council Rates: $1,262.42 per annum
Body Corporate Levy: $7,538.20 per annum (period 1 March 2024 to 28 February 2025)- included Ground Rent
Asking Price: $68,800 + GST (if applicable)
Enjoy peace of mind with on-site building managers and daily reception services ensuring a safe environment for residents.
Situated in the heart of Central Auckland, this studio offers easy access to vibrant restaurants, entertainment, and shopping-everything you need is just a short stroll away.
Don't miss out on this golden ticket to expand your investment portfolio.
For more information, please contact Benjamin at 021 0266 4105 or Lisa at 027 575 5518.