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Grafton

1K/16 Burton Street, Grafton, Auckland

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1ย Bedrooms
1ย Bathrooms
4ย Parking

Asking Price NZ$369,000

Four Car Storage Empire


Want to own your own little storage empire? This is your chance to buy in glorious Grafton and earn the big bucks from your own Luna apartment.
Positioned on Burton Street in this sought after spot, this apartment package has it all.
Spacious one bedroom apartment with second room suitable as a study or separate dining area.
North facing deck overlooking the park for all day sun.
Four carparks. Hard to find an apartment at this price level with this many carparks. Tough to find one full stop.
20 self-contained storage lockers of a good size are included in a secure basement room. These are currently generating a healthy income stream with the lockers being rented out to other owners and tenants.
The income generated from both the carparks and the storage lockers is sure to excite those savvy investors looking for a high yield from their investment.
With the hospital close by and the Universities not far away the tenants love this spot, which boasts local cafes, restaurants and handy to the Auckland Domain. Public transport caters to everyone's needs in this trendy suburb.
This is a real opportunity for smart buyers or high income seeking investors who are prepared to work through some building repairs/upgrades.
Call us now for more information and rental appraisals.

Dave Hamlyn

Dave Hamlyn


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Wendy Nichols

Wendy Nichols


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Legal Description


Unit 1K and Accessory Unit 64, 166, 170, 190, S3, S4, S6, S7, S8, S10, S11, S12, S13, S14, S15, S16, S17, S18, S19, S20, S21, S22, S23, S25 Deposited Plan 350663

Rates


$1,596.47 p.a. (approx.)

Tenure


Stratum in Freehold