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Auckland Central

8 Scotia Place, Auckland Central, Auckland

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1 Bedrooms
1 Bathrooms

BUY LOW, SELL HIGH


At 8 Scotia Place there is upcoming remedial work. The owner requires a prompt sale, as such he is leaving room, huge room for potential 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 could go through the roof. Added to that you have very low body corporate fees & rates and a Freehold title.

Being a D Unit, this is in our opinion the best floorplate in the block - excellently laid out, views out over Myers Park and buckets of sun. This little stunner is peaceful and private but minutes to transport, Universities, amenities and the CBD.

+ Approx. 30sqm 1 bedroom (floor area set to slightly increase after works completed)
+ Body Corporate levy: $3,301.16
+ Rates: $722.76

With the current average sale price in the city at about $10,000 per sqm and new developments heading toward and past $15,000 per sqm, try this at under $4,500 per sqm and once fixed back up to market, you stand to make a killing.

Other units in the building are renting at $400+; work out the returns...yes they are exceptional.

One of the best opportunities on the market. Call us today to arrange a viewing

Asking Price NZ$129,000
Auckland Central - Residential

Auckland Central - Residential


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

Features

Legal Description


UNIT 6D UP 201173

Tenure


Stratum in Freehold

Title


NA129D/647