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Auckland Central

8 Scotia Place, Auckland Central, Auckland

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1ย Bedrooms
1ย Bathrooms
1ย Parking

Asking Price NZ$165,000

DOUBLE DIGIT RETURN, 11 - 15.4+% NET!


Earn twice the rental return of the competition! The numbers are not an exaggeration, so if your viewing this ad you can expect others are too - it will sell fast, inquire now.
This is a FREEHOLD One Bedroom plus Car Park located on Myers Park and facing West in 8 Scotia Place (Known as Lapwood Spiral or Scotia Tower)
Not only can you expect to earn the kind of return not seen since the Halcyon Days of apartment buying in 2009 and '10 but you can expect to double, if not triple your original investment!
There is work to be completed on the complex, but the Bodycrop committee is working on a cost effective solution and no bills will be due in the near term.
This is an up and coming area, right next to, but not on Queen Street. Scenic Myers park is right outside your balcony!
Rental appraisal of $450 for a standard Tenancy to $580 per week for AirBnB, plus very low Body Corporate & Rates.
The owner has decided he wants out, as such he is meeting the market and allowing for the extra costs of the repairs in his price. Buy today for a very sub market price, see the benefits tomorrow!
- Viewings are by appointment, it can be viewed at your discretion, or View every Wednesday at 2pm call/text Marcus to confirm - 021-43-55-16
- If you are interested in selling a property you can call or text me on 021-43-55-16 or email marcus.fava.bayleys@gmail.com
Keywords: Scotia Place. Lapwood Spiral, CBD, Heart of the City, Bargain, Remedial, Apartments, Queen Street, Investment, 10% net.
Call Now: 021-43-55-16
(Photos Indicative Only)

Marcus Fava

Marcus Fava


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

Features

Legal Description


Unit 3F and Accessory Unit 15 Deposited Plan 201173

Rates


$788.76 p.a.

Tenure


Stratum in Freehold