3B/11A City Road, Auckland Central, Auckland

Sometimes you get dealt the big hand and this is it, right here on City Road, Q-Central. A fully renovated 1-bedroom, 1-bathroom apartment, currently vacant but will demand a premium rental!

This apartment is Leasehold, but as an investor, it's just purely about the numbers:

- Rental Appraisal: $420/week = $21,840/annum

minus expenses

- Operating Expenses: $3,714.88 (1 April 2023 to 31 March 2024)

- Ground Rent: $9,592.44

- Auckland Council Rates: $1,230.24

equals

NET INCOME: $7,300/annum approximately.

Just off Queen Street, walking distance to AUT, Auckland University,

This leasehold money-maker to be sold at Auction (unless sold prior) and the overseas owners want this sold on Auction Day.

Just off Queen

Renovated and Clean

This money making machine

Will keep your bank account fat not lean

This needs to be seen

Come, view and you'll see what we mean

AUCTION: 12:30 p.m. Monday, 8th April 2024 (unless sold prior)

AUCTION LOCATION: Harcourts Alexandra Park, G02/223D Green Lane West, Epsom