Cha-Ching...Moo - It's a Cash Cow


15 Whitaker Place, Auckland Central

Asking Price NZD $339,000

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Cha-Ching...Moo - It's a Cash Cow | 15 Whitaker Place, Auckland Central | 1653362 |      X Close
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Cha-Ching...Moo - It's a Cash Cow


Freehold with an 8% net return? Yes you're reading correctly, this is one of the best return on investments you'll find in the city.

Smack bang in the heart of the varsity district this freshly renovated three bedroom apartment has been designed for purpose as comfortable, student accommodation style living. Three bedrooms with it's own kitchen and bathroom, this is a far more comfortable option than the student halls and it's in the same location.

It's no wonder this building is extremely popular for renters with the area overflowing with students looking for accommodation and this apartment being outside of the cumbersome management lease make it the winner it is.

If you're a parent looking to house your kids comfortably and safely whilst they complete their tertiary education, this is a no brainer. Put in some flatmates and it won't cost you a bean. Better yet, once they no longer need it you'll be left with an extremely good investment.

•Freehold

•8% Net Return

•Freshly Renovated

•3 Bedrooms all with external windows.

•42m² apprx.

•Rent Appraisal: $600-$650

•Rates: $1,013.34

•Body Corp Levy: $6,046.29

Don't wait to contact us, this will be gone before you know it.