07-06 13:00 13:00-13:30
CHALLENGED
Houston, we have a problem. Remedial issues investigated and identified.
Investors that have already bought in challenged downtown Auckland apartment buildings know that once an asset always an asset. It all comes down to the size of the property, it's location and the inherent features and benefits as well as the price.
Especially desirable is the location of this purely residential complex in Auckland's epicenter of activity. This super spacious two bedroom property is currently rented out for $530 per week and the tenants want to stay, rental income from lift off.
Did we mention that it all comes down to price?
Very few properties let alone apartments could ever boast the added attraction of all this outside living area.
Efforts are underway that in the fullness of time will see this faded beauty reinstated to its former glory, in the meantime the rent keeps coming week in...week out.
Someone will reap the rewards but they'll need cash.
Be quick, this opportunity will not be available for long.
