Investment - As Easy As 1,2,3!

12H/34 Kingston Street, Auckland Central

Asking Price NZD $379,000

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Investment - As Easy As 1,2,3! | 12H/34 Kingston Street, Auckland Central | 1653214 |      X Close

Investment - As Easy As 1,2,3!

Freehold, vacant and freshly renovated, this two bedroom apartment with spectacular views of harbour from balcony and lounge is ready for your tenants (or studying children) to move straight in.

Why are these smaller two bedroom city apartments such good investments? It's as easy as One, Two, Three...

1.Low capital outlay - this is always a good place to start when it comes to solid investment. The less you have to put in, the better the return.

2.Two bedrooms - this gives tenants the ability to split the rent making $250 to $260 per week per room very affordable living.

3.Location - affordable living where you work or study means these are not only affordable for tenants, they are very desirable.

The Altitude building is an extremely desirable building with tenants and is very well managed. The common areas have just received new carpets and wall lining and are looking smart and loved.

Location wise, it's hard to find better. If you drew a circle around the universities, Britomart, The Viaduct, Wynyard Quarter and Victoria Park, you'd find Altitude nearly smack bang in the middle. Spoilt for choice with restaurants and bars, three food courts within a three minute stroll including the new Queens Rise dinning hall, you'll certainly never go hungry.

+Freshly Renovated

+Excellent Location

+Harbour Views

+Rent Appraisal: $500 to $520 per week

+5.5% plus net return

+Body Corp: $4,909.73 (includes hot and cold water and 10% prompt payment discount)

+Rates: $1,175.34

Full Info Pack available on request or at the following link:

This type of investment property does not come up for grabs often and when they do they do they get snapped up quick so call us TODAY.