7A/11A City Road, Auckland Central, Auckland City, Auckland

7A/11A City Road, Auckland Central, Auckland City, Auckland Leasehold Money-Maker - Make-a Offer

Not too much to say about this one other than you're going to make around 11% NET RETURN ON INVESTMENT at asking price. Term deposits in the bank are around 4.5% now, this isn't really a question of why you should buy this it's a question of how can you not buy this?

The numbers:

Rental Income: $550/week (fixed until 3 January 2026) = $28,600/annum

less Expenses:

• Ground Rent: $12,377.32/annum

• Operating Expenses: $4,715.52/annum

• Council Rates: $1,527.83/annum

= NET INCOME: $9,979.33

You know the location, walk to Auckland University, Queen Street, K' Road, but it's all about the numbers.

Aussie Owner Wants Out! Make an offer today