7J/14 Waterloo Quadrant, Auckland Central, Auckland

Unlock the Potential for High Returns in this Prestigious Studio at "The Connaught" Apartment. This sought-after studio, a mere stroll to Queen Street, promises not just a prime location but also exceptional capital gains upon the completion of the imminent remediation program and the issuance of the CCC.

Property Highlights:

• Stratum in Freehold - Studio layout with one bathroom

• Floor area approx. 27m2 more or less complemented by a generous balcony

• Rates: $1,013.75 per annum

• BC Levy: $4,230.84 per annum (Levy Period 01 June 2023 to 31 May 2024)

• Rental Appraisal: $480 - $520 per week

Asking price $229,000

"The Connaught" Apartment offers excellent facilities to its residents, a 50-ft heated indoor swimming pool, and a fully equipped gym, with an on-site manager.

This complex is within walking distance of Britomart Transport Centre, shops, restaurants and theatres. Albert Park is just around the corner, close to Auckland University and Auckland University of Technology. There is a bus stop right in front of the building and it takes only a few minutes by car to get to the motorways. You just can't beat its Location!

This building has all aspects of inner-city living covered! Contact May Ma at 021 821 600 or Mark Li at 021 330 678!

Please note: The photos provided are of a similar unit in the building.

This building is under remedial repair work now. There is no viewing and it is suitable for long-term investment cash buyers only. Ready and waiting for an astute investor to waltz in and pick up a bargain.