Minimum investment for an optimum return! Over 5%

Neat one-bedroom apartment located at the juncture where the city meets Ponsonby and motorways are accessed with ease. Walking distance to Works Depot, or having dinner at Ponsonby. Close to a number of the trendiest eating spots in Auckland's ever-growing restaurant scene. City living can't get much more convenient than this!

• Freehold. One-bedroom apartment located in the vibrant Freemans Bay part of the CBD.
• North facing apartment with a deck.
• Sliding door in the room to provide more flexibility.
• Vacant for sale and ready for your new tenant. It was getting $350 per week.
• In zone for Ponsonby Intermediate school.

Rental appraisal: $350pw
Body corporate: $2,972.45 (includes cold water)
Council Rate: $1,078.06

Asking price: $249,000
Net return: 5.4%

A smart buy for working professionals, Uni students or astute investors. Billions of dollars of community living construction all around meaning the potential in this area are beyond expectations. Call us NOW.

PROPERTY INFORMATION PACK CAN BE DOWNLOADED FROM: https://raywhite.co.nz/CTA37189

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Explore the area

School catchments

City 0-10 Composite Years 1-15 Private 0.35km
Freemans Bay School Primary Years 1-6 State 0.39km
Auckland Girls' Grammar School Secondary Years 9-15 State 0.49km
UP International College New Zealand Secondary Years 9-15 Private 0.51km
The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.69km
Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.72km
Aotearoa Infinite Academy Secondary Years 9-15 Charter 0.86km
Galaxy International College Secondary Years 9-15 Private 1.1km
St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.1km
Te Uru Karaka Newton Central School Primary Years 1-6 State 1.1km
Richmond Road School Primary Years 1-6 State 1.6km
Ponsonby Intermediate Intermediate Years 7-8 State 1.6km
Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.7km
St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 1.7km
Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 1.9km
St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.0km
Ponsonby Primary School Primary Years 1-6 State 2.0km
Auckland Grammar School Secondary Years 9-15 State 2.1km
St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.2km
Grey Lynn School Primary Years 1-6 State 2.2km
ACG Parnell College Composite Years 1-15 Private 2.2km
Kōwhai Intermediate Intermediate Years 7-8 State 2.2km
Ficino School Full primary Years 1-8 Private 2.2km
Crimson Global Academy Secondary Years 9-15 Private 2.3km
Bayfield School Primary Years 1-6 State 2.4km
Newmarket School Primary Years 1-6 State 2.5km
Mt Eden Normal School Primary Years 1-6 State 2.6km
Epsom Girls Grammar School Secondary Years 9-15 State 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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