Here is an opportunity to get into this second to none suburban location. Offering an excellent net return and a buy now price unheard of in this class of property.
The apartment is currently rented at $490 per week, offering 2 double bedrooms with built in wardrobes, an open plan kitchen with dining/living area flowing into a patio. Plus one car park.
The St Lukes' Garden Apartments is in a brilliant location, being right across the street from shopping mall, with plenty of busses nearby and a train station a mere 15 minutes' walk down the road. Close to motorway onramps without been too close and a stroll to the reputable Mt Albert Grammar School.
The complex has remedial issues and a full remedial renovation is planned for the near future. Here is an opportunity for a smart buyer with cash to buy low now and see the value skyrocket.
Yes - there are remedial issues, and that is why it it is been sold a bargain price.
Don't miss this opportunity.
The price is but a fraction of what it will be worth upon completion of the works at:
$269,000