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Apartment

1202A/32 Swanson Street Auckland Central, Auckland City

Sold for $741,000 on 27 Nov 2020
  • 2 Beds
  • 2 Baths
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1202A/32 Swanson Street, Auckland Central, Auckland City

Apartment in Auckland Central

Twin Engine Investment Vehicle

  • 2 Beds
  • 2 Baths

It's simple really. If you have two properties you'll earn twice as much.

This cheap to run, high yielding city investment is the perfect solution to your dismal bank deposit rate problem.

One freehold unit title, legally built as two self-contained city apartments on the 12th floor in a modern tower block completed in March 2018.

One annual body corp levy ($5000 approx.). One annual council rates bill ($2,074.14). But two steady incomes from two city apartments. For the price of One ! Hello friendly Ray White agent. Goodbye miserable bank manager.

Located an ambitious cricket ball throw from the downtown ferry terminal, new Commercial Bay shopping and dining precinct and within an easy walk to the universities and other city hotspots.

If the occasional trip into the city for a show, a night out or to visit friends is of interest explore the possibility of keeping one unit for yourself and renting the other out to pay the bills.

Perhaps you have two kids / grandkids heading off to University shortly ?

This flexible space will suit a wide variety of needs over many many years.

FYI: In the past the city apartment market has often lagged about 6 months behind a suburban property boom. Fact: We came out of our Level 4 lockdown and into a suburban property boom in March / April this year. Prices have gone up considerably in the suburbs and the city is yet to move....

Buy now before it does or be prepared to pay more later

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

CTA35402

Building:

67m²

Parking:

No

Bedrooms:

2

Bathrooms:

2