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Apartment for Sale

5A/47 St Paul Street Auckland Central, Auckland City

$769,000
  • 12 Beds
  • 3 Baths
  • 1 Car

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5A/47 St Paul Street, Auckland Central, Auckland City

Apartment for Sale in Auckland Central

Cash Cow in the heart of AUT University precinct

  • 12 Beds
  • 3 Baths
  • 1 Car

At a $769,000 asking price, this asset delivers a massive 14.58% net yield (self-managed) or 12.82% net yield (fully managed)

Gross Rental Income: $151,144 (Outstanding 19.65% Gross Return) the figure after property management fees is $137,630.

The below figures break down the self-manage scenario so you can do the numbers.

Total Operating Expenses: $39,031 (Includes actual Body Corp fees, rates, power, internet, and cleaning)

Net Annual Cash Surplus: $112,113 Monthly Net Cash Flow: $9,342+ straight into your bank account.

Why This Cash-Flow Engine Beats Everything Else on the Market:

Elite Net Returns: A true 14.58% net yield is nearly impossible to find in Auckland Central, especially backed by physical land value.

Turnkey Going Concern: Zero ramp-up time or construction delays-the operational setup, cleaning systems, and core utilities arealready in place.

Built-In High Demand: Situated right in the high-density AUT University precinct near Queen Street, guaranteeing constant rental pools of students, workers, and travellers.

Untapped Revenue Upside: Boost your monthly cash flow even further by adjusting room rates.

This is the ultimate defensive, high-yielding asset for smart investors who value immediate monthly profits over speculation.

One secure covered car park is a icing on the cake.

Contact Dusan now to request the full information pack and arrange a private viewing before it is snapped up.

Property ID:

CTA48229

Building:

160m²

Parking:

1 garage space

Bedrooms:

12

Bathrooms:

3

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