Sold

709/421 Queen Street,
Auckland Central, Auckland City

3 bedrooms
1 bathroom
41m² building size
Apartment

NZD 435,000


Property details

Threes a magic number !

Strong cashflow on offer here ! Potential 6% plus ROI - This will be going fast - Seller keen to get a result on the auction floor- three bedroom investor special.

It's not often three beds come up for sale in the city and even rarer in the perfectly located Kiwi on Queen.

Situated on Queen Street this is an ever-popular building for tenants being right next to the Universities and language schools. This is the perfect investment vehicle. Three bedrooms to share the rent allowing you to maximise your returns. Rental Appraisal $620 to $640 per week. With a building manager that knows every tenant in the building by name, you will not find a better run building in the city where your tenants will be safe and secure.

•FREEHOLD

•RARE THREE BEDROOMS

•FULLY FURNISHED

•VERY POPULAR BUILDING WITH TENANTS

•SIZE: 41m2

•RATES: $1350 pa approx.

•BODY CORPORATE LEVY: $5,785.75

•OUTSTANDING RETURNS - $600-$640 CONSERVATIVE RENT APPRAISAL

Put yourself in the box seat for when the borders reopen and the students flood back into the city. The smart money gets in early.

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.22km
  • Freemans Bay School Primary Years 1-6 State 0.94km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 1.1km
  • ACG Parnell College Composite Years 1-15 Private 1.7km
  • Ficino School Full primary Years 1-8 Private 1.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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