326/26 Te Taou Crescent, Auckland Central, Auckland City

326/26 Te Taou Crescent, Auckland Central, Auckland City, Auckland
$1 DOLLAR RESERVE...please ignore

We understand this is tempting but we had to convey the message that our seller seriously motivated.

You could buy this on your credit card and you don't even need to see inside.

Three bedrooms, three students and lots of rental income too, essentially what's for sale is an income stream.

Upside? Rents are robust and the property manager's based in the building...completely hassle free. Did we mention the income from the carpark? Yip...it's got a permanently leased carpark too...that's an income stream of over $650 per week for a pocket change price.

What's the catch? It's cosmetically challenged but perfectly habitable, the bank won't lend on leasehold title, you'll need to have a little cash and time to do a lot of reading.

Grand Central Apartments located next to the Vector Arena in downtown Auckland is tailor made for affordable student accommodation. Mum and Dad? Buying this'll be cheaper than paying the kid's rent and you'll always know they're safe and secure but you'll need to wait for the existing tenants to finish up.

Our sellers' no longer interested in their big city investment, they've long since graduated and it's time to cash out, even if its a dollar.

Potential purchasers are strongly advised to seek their own legal advice before committing to purchase. Copy and paste "please provide all disclosures including pre contract disclosure statement and viewing time"