If in the market for an investment, then you've just found one of the few cash flow POSITIVE properties on the market.
That's right...a positive cash flow.
Currently getting just under $24,000 a year in rental income, which is great as a standalone...but there is a reason why these properties should be the number one property for any investor in the market right now...
INTEREST DEDUCTABILITY
Qualifying as a new build due to recently getting it's brand new CCC for a major remediation project, but priced like an existing building.
That's right. This property at 9 Byron Avenue comes with similar benefits as a new build property would...but without the price tag.
And with inflation, and the cost to build increasing...properties at this price level just cannot be replicated.
In a prime location in the centre of Takapuna, it really can't get any better if you're looking for a future beachy crash pad that's not going to cost you the world.
With the option to Airbnb the apartment you'll be making money when you're not there too if you'd rather it not be vacant.
So whether you're looking for an investment and want to get the most of your money spent...or you're looking for a beachy crash pad that's still just a few minutes drive from Auckland...this may just be the one.
Get in touch for a private viewing at 9 Byron Avenue.
Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.