Bayleys Real Estate Ltd
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Auckland Central

85 Wakefield Street, Auckland Central, Auckland

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2 Bedrooms
2 Bathrooms

Asking Price NZ$524,000

Double Down: Income + Income 6% plus Net


Freshly renovated, FREEHOLD dual key apartment - Investment Super Star.

Return on Investment 6% plus Net!!!

Two freshly renovated studio apartments, one with brand new kitchen and both on the same title in the highly sought after varsity zone. One set of rates to pay, one Body Corp, two times the rent!

Kids going to uni - rent out the other apartment to pay the mortgage.

The options are limitless. Live in one and air bnb the second as an easy income source? Buy with a friend and each live in one? Cash in on the impressive rent appraisal and get a fantastic high cashflow investment?

•6% plus ROI
•Two Separate Apartments on the Same Title
•Live in one, Rent or AirBnB the other
•FREEHOLD
•Body Corp: $5,000 approx (TBC)
•Rates: $1,285

Located in Tetra House, a very popular building with tenants being right in the heart of the varsity precinct, your potential tenants will be lining up out the door, especially now that buying is no longer an option for all those international students.

Our vendor needs their money out for new projects on their horizon. With all of this on offer, this won't be on the market long so contact us TODAY to arrange a viewing.

Steve Kirk

Steve Kirk


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
Habeeb Urrahman

Habeeb Urrahman


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

Features

Body Corporate


$5,000 approx (TBC)

Legal Description


Unit 1111 Deposited Plan 365422

Rates


$1,285

Tenure


Stratum in Freehold

Title


265754