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Tucked away off queen street in the always popular Scotia Place precinct.
This freehold 31sqm (more or less) one bedroom could provide a HUGE return for the clever investor.
Unbeatable green outlook over Myers Park - a rarity within the central city.
Rental appraisal showing a whopping $430-460pw means a return well in excess of 12% on offer here.
Some ongoing long term maintenance is underway meaning you will be buying WELL below market value with massive scope for future gains.
The 'walk to everywhere' location is second to none, sitting directly on the picturesque Myers Park.
Auckland Uni, AUT, Queen St, K Road, Aotea square and many others all within a few minutes walk.
This will be sold with vacant possession and would make a great bolt hole for kids going to nearby Universities.
Serious development going on nearby means you will never have a shortage of tenants or interest!
Our long term owner has other plans and demands a sale.
To be sold via auction on the 5th December 2024 (unless sold prior).
Contact Ryan today for viewing times and further information.
AUCTION: 12:30pm, Thursday 5th December 2024 (unless sold prior)
LOCATION: Level 3, 246 Queen Street, Auckland Central
