15 Whitaker Place, Grafton, Auckland

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

Freehold with an 7.5% (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.

• Freehold
• 7.5% Net Return (approx)
• 3 Bedrooms
• Rent Appraisal: $600-620 per week
• Rates: $1,008
• Body Corp Levy: $5,954

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