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Apartment in Auckland Central
Waaaaaaay Below CV!
- 2 Beds
- 1 Bath
- 1 Car
What is this property worth to you? The owners are seriously selling on Auction Day so this could be your chance to lock up a leasehold opportunity in the CBD with massive returns.
The numbers...
- Capital Value: $490,000
- Current Rent: $430/week (Apartment only)
- Rates: $1,559.50
- Ground Rent: $10,273.72
- OPEX: $4,659.40
- Car Park: 1 (currently vacant)
The apartment is minutes' walk to Auckland University, Queen Street, Language Schools and is incredibly popular with tenants. When International Students are back in droves there is immediate upside with the rental return.
Work out how much profit you need to make this investment make sense for you and come along have a look.
Property ID:
CTA35652
Building:
62m²
Parking:
1 garage space
Bedrooms:
2
Bathrooms:
1
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