Sold
603/10 Ronayne Street,
Auckland Central, Auckland City
NZD 112,500
Property details
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Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
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TWO BEDROOMS FOR $99,000...Make your money work
Virtual Auction: 12.30pm, Thursday 10th March (unless sold prior)
DECLEARED 99K RESERVE...DOUBLE DIGIT RETURNS
FINAL OPEN HOME THIS WEEKEND 12;30 to 1pm BOTH DAYS
Hunting for double digit returns? Look no further, all masters of the universe must investigate this income generating downtown two-bedroom cash machine.
Park your cash here, bank returns are pathetic and the AKL CBD is THE ONLY AFFORDABLE OPTION FOR BOTH RENTERS AND INVESTORS LEFT IN AUCKLAND.
Rent is $400PW to fixed-term tenants, Body corp fees (include insurance) Council rates and Ground Rent are only $8130 pa.
The Landings building is rock solid, yes it's leasehold but at this price it doesn't matter, it's income and purchase price is inflation proof and the rent can be increased over time to keep the yield consistently high.
Its ideal location self-evident, this could even be your clandestine crash pad if you had the imagination or inclination to get funky with a paint brush, complete with GYM, TENNIS COURT and POOL.
After many years of stable passive income the sellers are seriously moving on and retiring so instructions are crystal clear. This is no bluff, genuine high return opportunity for those speculators with spare cash in pocket.
Don't delay, note the auction day.
DECLEARED 99K RESERVE...DOUBLE DIGIT RETURNS
FINAL OPEN HOME THIS WEEKEND 12;30 to 1pm BOTH DAYS
Hunting for double digit returns? Look no further, all masters of the universe must investigate this income generating downtown two-bedroom cash machine.
Park your cash here, bank returns are pathetic and the AKL CBD is THE ONLY AFFORDABLE OPTION FOR BOTH RENTERS AND INVESTORS LEFT IN AUCKLAND.
Rent is $400PW to fixed-term tenants, Body corp fees (include insurance) Council rates and Ground Rent are only $8130 pa.
The Landings building is rock solid, yes it's leasehold but at this price it doesn't matter, it's income and purchase price is inflation proof and the rent can be increased over time to keep the yield consistently high.
Its ideal location self-evident, this could even be your clandestine crash pad if you had the imagination or inclination to get funky with a paint brush, complete with GYM, TENNIS COURT and POOL.
After many years of stable passive income the sellers are seriously moving on and retiring so instructions are crystal clear. This is no bluff, genuine high return opportunity for those speculators with spare cash in pocket.
Don't delay, note the auction day.
Explore the area
School catchments
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.35km
- Crimson Global Academy Secondary Years 9-15 Private 0.65km
- Galaxy International College Secondary Years 9-15 Private 0.74km
- Parnell School Full primary Years 1-8 State 1.3km
- UP International College New Zealand Secondary Years 9-15 Private 1.3km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 1.4km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.5km
- City 0-10 Composite Years 1-15 Private 1.6km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.6km
- ACG Parnell College Composite Years 1-15 Private 1.7km
- Freemans Bay School Primary Years 1-6 State 2.1km
- Auckland Girls' Grammar School Secondary Years 9-15 State 2.2km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.2km
- Auckland Grammar School Secondary Years 9-15 State 2.4km
- Newmarket School Primary Years 1-6 State 2.4km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.5km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 2.6km
- Stanley Bay School Primary Years 1-6 State 2.7km
- Victoria Avenue School Primary Years 1-6 State 2.8km
- St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.9km
- Baradene College Secondary Years 7-15 State integrated 2.9km
- Saint Kentigern Boys' School Full primary Years 1-8 Private 2.9km
- Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 3.0km
- Ficino School Full primary Years 1-8 Private 3.1km
- Devonport Primary School Primary Years 1-6 State 3.1km
- Saint Kentigern Girls' School Full primary Years 1-8 Private 3.1km
- Epsom Girls Grammar School Secondary Years 9-15 State 3.1km
- St Leo's Catholic School (Devonport) Primary Years 1-6 State integrated 3.2km
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.
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Contact Ady Huang
Contact Ady Huang
Ady Huang
603/10 Ronayne Street, Auckland Central 1010
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Ady Huang
603/10 Ronayne Street, Auckland Central 1010