Hands-free investment opportunity. This Leasehold, spacious, 2 bedroom, 1 bathroom apartment is in a superb location, within walking distance to Universities and Queen Street so it is right where it needs to be! It checks all the boxes and even comes with 1 parking space!
Key Features:
• Leasehold - Total area is approx 59m2 (more or less)
• Great Layout - both bedrooms have windows, large living area opens to the North East facing deck with a Nice view
• CV: $490,000
• Rates: $1,644.37 per annum
• Rental Appraisal: $620.00 - $650.00 per week
• Current rent: $490 per week (Periodic Term from 19/05/2023) + Carpark rent $60 per week
• Ground Rent: $11,705.12 per annum
• Operating Expenses: $4,899.80 per annum (Period 1 April 2023 to 31 March 2024)
Asking Price: $139,000
Offers not only unparalleled comfort but also access to premium education facilities, in zone for Auckland Grammar School, Freemans Bay School, and Ponsonby Intermediate School.
The leasehold title offers you all of this at a remarkably affordable rate. This is a must-see if you're looking for the perfect inner-city pad or a smart investment. Contact May Ma on 021 821 600 or Mark Li on 021 330 678
Lease until 13 Dec 2086