Unit 14, 102/238 Princes Street East, Otahuhu, Auckland

Potential 6% return on rental investment

Here is a prime opportunity to purchase this 'never been lived in' apartment positioned on the second floor.

The well-appointed apartment sits vacant and will appeal to all you seasoned investors or first-home buyers looking to get their foothold on the property ladder. It offers two bedrooms which are complemented by one bathroom, a well-appointed kitchen, and quality Miele appliances that have never been used.

The open-plan living area leads out onto a large balcony that enjoys a fabulous outlook to the tree-lined street, and an appointed off-street carpark.

And then there's the location, situated alongside the tranquil Tamaki River, Otahuhu Bay, only 1 minute to the motorway ramps, North and South. Only 300 metres to the local Badminton and Soccer club, and 2km to the Otahuhu town centre where you can enjoy the local recreation centre complete with an indoor swimming pool and library.

For the commuter, a bus stop is right across the street, and Otahuhu's newly completed rail and bus interchange offers quick convenient citywide transport. Enjoy the abundance of shops at the expansive Sylvia Park complex which is only 3. 6km away.

The recent rental appraisal for the apartment is suggested at $630-$650 per week.

This vacant apartment has never been lived in is ready and awaiting its new owners.