Freehold - Net Returns over 7% !?!


15 Whitaker Place, Auckland Central

Asking Price NZD $268,000

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Freehold - Net Returns over 7% !?! | 15 Whitaker Place, Auckland Central | 1653490 |      X Close
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Freehold - Net Returns over 7% !?!


The theory of investment is simple - get more bang for buck.

Plug and Play Investment with fixed tenancy until the end of December making over 7% net return and for only $268,000 - what an investment and proof that good things can truly come in small packages.

Smack bang in the heart of the varsity district this freshly renovated two bedroom apartment has been designed for purpose as comfortable, student accommodation style living. Two bedrooms windows in each room and complete 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 an overflow of students looking for accommodation in the area and this apartment being outside of the cumbersome management lease make it the winner it is.

•Freehold

•Return On Investment = 7.17%!!!

•Tenancy Fixed until the end of December at a whopping $480 per week

•2 Bedrooms

•Rent Appraisal: $480-$520 per week

•Rates: $906.80

•Body Corp Levy: $4,815.36

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