Oh La La - Investor Special!


8 Scotia Place, Auckland Central

Asking Price NZD $129,500

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Oh La La - Investor Special! | 8 Scotia Place, Auckland Central | 1652898 |      X Close
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Oh La La - Investor Special!


A freehold apartment for under $130,000! Potential Returns are through the roof!

At 8 Scotia Place there is upcoming remedial works which are estimated to commence in late 2018. Full information pack can be sent on request via email. The owner requires a prompt sale, as such is leaving room, huge room for profit after remedial costs.

Located down a private street overlooking green and leafy Myers Park, with a park view and a development on each side of the road, future values are going to go through the roof. Added to that you have very low body corporate fees and rates and a Freehold title. This little stunner is peaceful and private but minutes to transport, Universities, amenities and the CBD. The current tenants love the apartment, look after it and its contents like their own.

+ 30m² 1 bedroom (floor area set to bet slightly increased after works are completed)

+ Body Corporate levy $3,566.44

+ Rates $1,162.35

With the current average sale price in the city of over 10,000 per m² and new developments heading toward and past $15,000 per m², try this at $4,000 per m².

Borrow the lot against existing security and soak up the exceptional returns. Better yet pay cash.

One of the best opportunities on the market.

Don't delay, call us now!

Chris Cairns

Auckland Apartments City Living

Licensed under the REA Act 2008

Mobile: +64 21 201 7715
Office: +64 9 309 6020
chris.cairns@bayleys.co.nz
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Steve Kirk

Auckland Apartments City Living

Licensed under the REA Act 2008

Mobile: +64 27 244 7991
Office: +64 9 309 6020
steve.kirk@bayleys.co.nz
View profile

Habeeb Urrahman

Auckland Apartments City Living

Licensed under the REA Act 2008

Mobile: +64 21 024 68404
Office: +64 9 309 6020
habeeb.urrahman@bayleys.co.nz
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8 Scotia Place, Auckland Central

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Chris Cairns

Auckland Apartments City Living

Licensed under the REA Act 2008

Mobile: +64 21 201 7715
Office: +64 9 309 6020
chris.cairns@bayleys.co.nz
View profile

Steve Kirk

Auckland Apartments City Living

Licensed under the REA Act 2008

Mobile: +64 27 244 7991
Office: +64 9 309 6020
steve.kirk@bayleys.co.nz
View profile

Habeeb Urrahman

Auckland Apartments City Living

Licensed under the REA Act 2008

Mobile: +64 21 024 68404
Office: +64 9 309 6020
habeeb.urrahman@bayleys.co.nz
View profile