605/30 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 2 bedroom, 2 bathroom apartment with study/single bedroom is in the vibrant downtown location just adjacent to the Auckland waterfront.

• Generous living space (approx. 83m2 more or less).
• A contemporary lifestyle with open plan lounge/dining and kitchen.
• The undercover balcony looks out to the north east with water views.
• TWO secure car parks in this prime location is a bonus.
• The apartment and one of the carparks is currently renting for $700 per week.
• The facilities in this building are second to none, consisting of an indoor pool, a well-equipped gym, tennis court and bbq area.

'Scene Three' building is perfectly located and is always in high demand for 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.

Total Outgoings:
Council Rate: $2,143.81
OPEX: $5,885.76
Ground Rent: $23,947.00

Total rent ($700/week+rental appraisal for 1 carpark $60/week)
$38,000

Net Return:
At $125,000, net return is 4.82%

Yes, it is leasehold, but it's an affordable modern lifestyle in a prime location!
The Owner is keen to sell, looking for cash buyers.

PROPERTY INFORMATION PACK CAN BE DOWNLOADED FROM: https://raywhite.co.nz/CTA30041

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