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Savvy Investors wanted!!
Located on Auckland's golden mile Queen Street, future values are sure to go through the roof. Added to that you have very low body corporate fees and rates with a Freehold title. This little stunner is a true city living in the heart of transport, Universities, and amenities of the CBD.
You'll need to be a cash buyer for this. There's a bundle of cash sitting in the body corporate coffers for some overdue repairs and maintenance that will be passed onto the new owner. There's a lot of meat on the bone for the lucky new owner moving forward.
There'll be no pain whilst you wait with a standing tenant at $475 per week showing an excellent return at approx. 14% Net, so sit back and let the good times roll.
Approx. 29sqm 1 bedroom
Freehold
Body Corp $2,516.24 p.a inc GST
Rates $1,004.08 inc GST
$475 per week rent
With the current average sale price in the city of over $10,000 per sqm and new developments heading toward and past $15,000 per sqm, try this at approx $5,000 per sqm.
Borrow the lot against existing security and soak up the exceptional returns. Better yet pay cash.
One of the best opportunities on the market.
Don't delay, call us now!
