Sold

8D/15 City Road,
Auckland Central, Auckland City

1 bedroom
1 bathroom
40m² building size
Apartment

NZD 75,000


Property details

Guaranteed rent, you choose the return!

Auction: 12.30pm, Thursday 14th July (unless sold prior)
Location: In Rooms - 2 Lorne Street, Auckland Central

Want to make a safe investment that has a guaranteed positively geared cash flow? Apartment 8D is certainly the one!

With Guaranteed rent and a rent increase by 2% every year in November, this will sure make it a better investment then the stock market and some of the apartments in Town!

Situated on the 8th floor is this one bedroom, 40sqm apartment on the quiet side of the building.

• Ground rent - $6,818.56 per annum
• Operating expenses - $4,852.00 per annum
• Garaunteed rent - $1749 per month ( increases by 2% each year in November )
• Return - 15% potentially

The location for this building is one of the best, with Myers park across the road, the popular K'road just 50 metres up the road and Downtown just a stroll away!

The owner's circumstances have changed and they wanted this sold yesterday! So call me today to find out more information!

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.26km
  • Freemans Bay School Primary Years 1-6 State 0.99km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 1.2km
  • ACG Parnell College Composite Years 1-15 Private 1.6km
  • Newmarket School Primary Years 1-6 State 1.9km

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

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

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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