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Mt Albert

GH/19 Morning Star Place, Mt Albert, Auckland

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2ย Bedrooms
1ย Bathrooms
1ย Parking

Asking Price NZ$240,000

Bargain 2 Bedroom


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

Marcus Fava

Marcus Fava


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

Features

Legal Description


Unit A8 and Accessory Unit 30 and 1/47 share of Accessory Unit 452 Deposited Plan 346086

Rates


$965.27 p.a.

Tenure


Stratum in Freehold