Bayleys Real Estate Ltd
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Newmarket

409/31-39 Davis Cres, Newmarket, Auckland

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1ย Bedrooms
1ย Bathrooms
1ย Parking

Asking Price NZ$299,000

BIG FUTURE! MANDALAY


Superb investment one-bedroom and car park in one of the best-run hotels in Auckland - The Mandalay.

Based in Newmarket this apartment is always occupied. Currently earning $20,971.64 plus GST gross per year. Sit back and do nothing and collect the guaranteed income.

Freehold and with only 14 years to stay in the hotel lease, this apartment would make the perfect city pad in the heart of Newmarket. Overseas owner demands sale.

Make an offer today!

Lucy Piatov

Lucy Piatov


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

Features

CT Identifier


NA 91A/995

Legal Description


Unit 4I and AU 1 and 1/55 share of AU 45-46 and 1/14 share of AU 62 and 1/2 share of AU 66 Deposited Plan 325677

Tenure


Stratum in Freehold