Sold
113/85 Wakefield Street,
Auckland Central, Auckland City
NZD 290,000
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
Great Opportunity to Grab a Bargain!
Beautifully presented one bedroom apartment and two bathrooms in university precinct. The floor area is 39sqm; it comprises a spacious bedroom with ensuite as well as a well-sized formal lounge with a second bathroom which is a rarity amongst city apartments. The current tenant pays $400 per week which already makes the investment return up to approximately 5% net. This figure will increase even more when the borders open and international students can return to NZ, as compared with the record-low interest rate. The body corporate is reasonable, being around $4,000 per annum including hot and cold water. Some of the units in the building are running as serviced apartments of Nesuto with a reception counter downstairs that also acts as the building manager. This means that the building is managed with caution in order to maintain high standards. You also get the chance to run your unit as an Airbnb business.
The location of the building is unbeatable! Both the University of Auckland and AUT are just minutes away. It only takes a very short stroll to reach Queen Street shops, banks, cafes, public library and all other amenities. Overseas vendor needs an urgent sale due to personal reasons and wants to get the result on auction day. Great opportunity to grab a bargain!
Explore the area
School catchments
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.25km
- UP International College New Zealand Secondary Years 9-15 Private 0.30km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.37km
- City 0-10 Composite Years 1-15 Private 0.52km
- Galaxy International College Secondary Years 9-15 Private 0.85km
- Auckland Girls' Grammar School Secondary Years 9-15 State 1.1km
- Freemans Bay School Primary Years 1-6 State 1.2km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.2km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.3km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 1.4km
- ACG Parnell College Composite Years 1-15 Private 1.4km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 1.5km
- Auckland Grammar School Secondary Years 9-15 State 1.6km
- Crimson Global Academy Secondary Years 9-15 Private 1.6km
- Newmarket School Primary Years 1-6 State 1.9km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.9km
- Parnell School Full primary Years 1-8 State 2.0km
- Ficino School Full primary Years 1-8 Private 2.1km
- Richmond Road School Primary Years 1-6 State 2.3km
- Kōwhai Intermediate Intermediate Years 7-8 State 2.4km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.5km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 2.5km
- Mt Eden Normal School Primary Years 1-6 State 2.5km
- St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.6km
- Epsom Girls Grammar School Secondary Years 9-15 State 2.6km
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.6km
- Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 2.7km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.7km
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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