236/8 Dockside Lane Auckland Central, Auckland City

Investors, are you hungry for stability, good cash flow at an affordable purchase price?
Not one but two virtually identical one-bedroom properties, both with secure car parks, are being offered for sale on the same auction day. Buy one, or buy both?
Leasehold Title
One bedroom, one bathroom, one car park 30 sqm.
Total costs for the apartment are $12,746.92 PA all up including :
Council Rates: $1,577.28 pa
Body corp: $4,244.39 pa
Ground rent : $ 6,925.50 pa
Rental income: Currently rented for $475 pw in fixed term to 09/01/2027.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: floor and land sizes, boundary lines, underground services, scheme plans or consents.