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Auckland Central

6H/15 Whitaker Place, Auckland Central, Auckland

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3Ā Bedrooms
1Ā Bathrooms

Asking Price NZ$324,000

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



Freehold with an 8.5% (approx) 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 three bedroom apartment has been designed for purpose as comfortable, student accommodation. Three bedrooms with its 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 tenants, and being outside of the cumbersome management lease make it a winner for investors.

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.

ā€¢Freehold
ā€¢8.5% Net Return (approx)
ā€¢3 Bedrooms
ā€¢Rent Appraisal: $600-$630
ā€¢Rates: $974.59
ā€¢Body Corp Levy: $6,046 (TBC)


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

PHOTOS NOT OF THIS UNIT - TAKEN OF A UNIT WITH A SIMILAR LAYOUT

Steve Kirk

Steve Kirk


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

Habeeb Urrahman


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

Chris Cairns


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

Features

Body Corp Levy


$6,046 (TBC)

Legal Description


Unit 6H Deposited Plan 330101

Rates


$974.59

Rental Appraisal


$600-650 per week

Tenure


Stratum in Freehold