We are proud to partner with the All Blacks and Black Ferns
Learn More
Sold
Apartment

1201/74 Albert Street Auckland Central, Auckland City

Sold for $415,000 on 24 Jul 2019
  • 2 Beds
  • 2 Baths
Agents

Sold By

  • Loading...
  • Loading...
1201/74 Albert Street, Auckland Central, Auckland City

Apartment in Auckland Central

Great income & Hassle free investment near SkyCity

  • 2 Beds
  • 2 Baths

A rare find Freehold two bedroom two bathroom apartment located right smack in the middle of everything Auckland. Just a few steps from shopping on Queen Street, trendy bars & restaurants, the casino. Close to the Viaduct, and various public transport options right at your doorstep.

On offer is a spacious and modern two bedroom apartment with two bathrooms (including ensuite) and big balcony, managed by the 4.5 star Hotel 'Barclay Suites'. High up in the rear of the building, comfortable and quiet. The apartment has a well equipped kitchen, open plan dining & lounge as well as laundry facilities.

This apartment is leased to the hotel WITH GUARANTEED INCOME OF $500 PER WEEK ($26,000pa)+GST. In addition to the annual rent payable pursuant to the lease, the Hotel pays half of the Body Corporate and City Council outgoings. Also, the owner is entitled annual 10 nights stay at $45+GST/night. With so much to offer and 100% occupancy throughout the year, this is a hands free investment. Of course, you also have the option to terminate the lease with 6 months' notice to live in or manage by yourself. The choice is yours.

With 24 hours on site Hotel reception, security and management, the 'Barclay Suites' Hotel scores high rating from major hotel agency websites, receives highly recommend reviews due to the excellent location, high standard maintenance and great services.

This is a great place to live in or an even better idea for strong return and hassle free investment. Enquire now for details before it's sold!

CV $520,000, only asking 450,000 plus GST. Great investment for someone to grab!

*The selling price will be plus GST if any.

Property ID:

CTA33773

Building:

50m²

Bedrooms:

2

Bathrooms:

2