Parents of uni-kids, first home buyers or savvy investors, this apartment meets your brief.
Current tenancy (renting at $500p/w which gives you a 5.7% net return) expires 15th February 2019 perfectly in time for the start of university - great for parents and great for investors as this is the premium time to rent.
Two bedrooms means options - you can spread the rent, have an office, nursery or guest room. Being on the sub penthouse level 19, natural light is brilliant.
The City Zone apartment complex sits between Symonds Street, K' Rd and Queen Street - it's hard to find a better spot, especially if you're looking for a rental. This is extremely popular with tenants. Right in the Varsity Hub - Auckland University, AUT and all the language schools as well as being in the highly coveted grammar zone.
With extremely reasonable Body Corporate Fees this FREEHOLD apartment is a winner of an investment BUT with the unbeatable location this is also perfect for a home or city crash pad.
• Freehold
• East Facing
• Auckland Boys Grammar Zone
• Rates: $1,245.80
• Body Corporate Levy: $3,886.97 (including 10% prompt payment discount)
• Currently rent $500 until early February 2019.
• Rent Appraisal: $500-$530 per week
The owner needs funds elsewhere, requires a quick sale and priced accordingly.
Call us today for full information pack or to arrange for a viewing!