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Apartment

804/421 Queen Street Auckland Central, Auckland City

Sold for $439,000 on 27 Jul 2020
  • 3 Beds
  • 1 Bath
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804/421 Queen Street, Auckland Central, Auckland City

Apartment in Auckland Central

A FAT MONTHLY CHEQUE

  • 3 Beds
  • 1 Bath

You used to rely on your term deposit to deliver a stable monthly income but how times have changed...

You can't survive earning 1% per annum interest from your bank. You need more. Here is a reliable residential rental property to help you find your way back to the lifestyle you've become accustomed to.

The Equation:

Rental Appraisal: $600 per week

Less

Outgoings: Freehold Body Corp Levy: $5,521.60pa (less discount of $552.16 if paid by due date) + City Council Rates: $1,344.41pa.

With some minor improvements, at the full asking price it's showing at net return of nearly 5.5%

A comprehensive information pack is available upon request to assist you further your interest.

Let's get the money rolling back into where it belongs... your pocket !

Features:
  • Close To Shops
  • Close To Transport
  • Terrace/Balcony
Property ID:

CTA35026

Building:

41m²

Bedrooms:

3

Bathrooms:

1