18A The Strand Parnell, Auckland City

Nestled at the foothills of Parnell, you'll find 18A The Strand, a freshly upgraded exterior, three bedroom, two bathroom townhouse. A change in the vendors circumstances require a swift sale and they have priced accordingly.

Great layout with an internally accessed garage, bedroom (which would double perfectly as a home office) and bathroom on the ground floor, open plan living, dining and kitchen in the middle and two more very well sized bedrooms and bathroom on level three.

• LEASEHOLD
• Bedrooms: Three
• Bathrooms: Two
• Parking: Single Internal Access Garage

Contact us for outgoings - Potential ROI nearly 8% net!

Location wise this is simply superb. True City Fringe living - turn one way and you're in town - Britomart Shopping and Transport Hub including trains, buses and ferries, shopping on Queen Street and High Street not to mention all the restaurants, bars and clubs. Parnell is just as close including the French Markets open both Saturday and Sunday. To top it off, you can enjoy flat easy walks or jogs or maybe a bike ride around the bays.

If you're looking to buy an investment heading into what many are predicting to be a downmarket, do not put your money at risk in falling freehold. Leasehold shows the highest ROI hands down. With ground rent directly related to the value of the land, a drop in pricing will actually improve your investment. Add to that an initial capital investment of, in most cases, a quarter of that of freehold, it make a lot of sense to jump on leasehold.

The Grafton Gully & The Strand redevelopment is being considered by council as we speak. This proposal will transform the area turning into what has been described as "the next Britomart". Now's the time to jump on board.

Contact us today to for full info pack and to arrange a viewing.