Bayleys Real Estate Ltd
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Auckland Central

1517/2 Beach Road, Auckland Central, Auckland

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3ย Bedrooms
2ย Bathrooms
2ย Parking

Asking Price NZ$309,000

11% NET RETURN AT LIST PRICE


Want a property you can pay off in 9 Years?

How about one that pays itself off in 9 years?


This is it. At the list price it is a 11% net Return. The owner has asked us to submit all offers.

INCOME:

Apartment: $48,620
Carpark 193: $4,180
Carpark 194: $4,186

$56,966

COSTS:

Ground Rent: $12,970.24
Operating Ex: $7,463.28
Rates: $2,212.34

$22,645.86

Net $34,320.14
11% Net At the List Price


If you are an Investor this is it.

Marcus Fava

Marcus Fava


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

Features

Inner city Living


25 metre lap pool and tennis court

Location


Harbour view, close to Britomart, bars and restaurants plus ferries.

Rental Income


Three bedroom plus 2 carparks. Long term tenants.