512/30 Beach Road Auckland Central, Auckland City

You'll have to be a cash buyer or use the equity in another property to secure this leasehold apartment.

This contemporary two bedroom with one carpark apartment will be sure to impress!! Located at the waterfront, only a short stroll to the trendy Britomart, Countdown supermarket is just downstairs, and close to Commercial Bay, restaurants and transportation.

The apartment itself exudes modern living. An open plan lounge/dining and modern kitchen. Big sliding doors open out to a generous entertainer's balcony. Windows throughout the living and bedrooms. Bathroom with shower over bath to relax. Currently renting at $630 per week fixed till March 2022.

'Scene Three' building is perfectly located and is always in high demand for both tenants and owner-occupiers. If you are looking for a lock up and leave, city base or investment, this property is a must to see. The facilities in this building are second to none, consisting of an indoor pool, a well-equipped gym, tennis court and bbq area.

Total Outgoings:
OPEX $4,471.71 p.a.
Ground Rent $17,490.56 p.a.
Rates $1765.35 p.a.
Total Rent(based on current rent at $630pw)

Net Returns:
At $120,000, Net Return is 6.48%

Leasehold, but super affordable at a prime location!

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