Brand New Residential/Commercial Opportunity


7/150 Symonds Street, Eden Terrace

By Negotiation

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Brand New Residential/Commercial Opportunity | 7/150 Symonds Street, Eden Terrace | 1751895 |      X Close
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Brand New Residential/Commercial Opportunity


Surrounded by eateries, office buildings and apartments, with a bus stop at your doorstep this 2 bedroom, 2.5 bathroom townhouse provides you the perfect opportunity. The ground floor can be used as a retail shop/office with a road frontage entrance that can be rented for $500 per week to help pay the mortgage.

The townhouse and the shop have their own private entrances or they can be amalgamated for business owner/occupiers. It comes with a high stud retail shop on the ground floor with its own toilet and separate entrance to upstairs living, so you can still have total privacy or flexibility by turning this into a 3rd bedroom.

Close to Queen Street, Auckland University, Auckland Hospital, Auckland Domain, Mt Eden and in zone for Auckland Grammar Schools. This is a brand new building complex, not a reclad. Code of Compliance Certificate (CCC) was issued on 5th December 2018 which means some buyers and investors will only require a 10% deposit to purchase this property.

Access is easy as the property is vacant.

RARE OPPORTUNITY & BRAND NEW:

Live in the city fringe with 2 large bedrooms upstairs - a master bedroom with en-suite and views to the Auckland Harbour and Rangitoto Island, 2 bathrooms and open plan kitchen and dining.

No more looking for car parks in the city as this comes with 2 secure car parks at your doorstep which is super handy! Seriously, the car parks are right outside your back door, so no traveling via an elevator or getting soaked in the rain while walking from your car park to your apartment.

Rental Appraisal:

If the townhouse is furnished and rented with 1 car park, it will rent for $650 per week

The ground floor retail shop / 1 bedroom with 1 car park will rent for $550 per week.

Total income of $1200.00 per week.

Rates - $1,831.75 per annum including GST

Body corporate levy: $1,926.50 per annum including GST