202/47 Wakefield Street Auckland Central, Auckland City

This light-filled studio apartment is in 'Sun Apartments' - strategically located in the education precinct on Wakefield Street. AUT is across the road while Auckland University is just around the corner.

The building is popular with students and city-based professionals. Within walking distance to Queen Street, Auckland Library, cinemas, parks and restaurants.

• Freehold. Self-contained furnished studio apartment.
• North-East corner position. Big windows across the whole living area of the apartment. Looks out to SkyTower & AUT Tower.
• Currently tenanted at $350 per week fixed term tenancy till November 2022.
• In zone for Auckland Grammar School and Ponsonby Intermediate which adds more value to this property.
• 2017 CV: $280,000. Asking price only $239,000.

Rental income: $17,500 (based on 50 weeks)
Outgoings:
Council rates: $1,275.70
Body corp levy: $3,269.26 - Includes cold water
At $239,000, net return is 5.42%

It is a secure pad for students and professionals while enjoying the city life, or a well-performed investment. You choose! Be quick or miss out!! Call us now!

PROPERTY INFORMATION PACK CAN BE DOWNLOADED FROM: https://raywhite.co.nz/CTA30117

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