Sold
1D/508 Queen Street,
Auckland Central, Auckland City
NZD 108,000
Property details
-
Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
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Freehold Roughy Waiting to be Shined
Get your money/equity working - Savvy investors wanted.
Located on Auckland's golden mile Queen Street, future values are sure to go through the roof.
Added to that you have very low body corporate fees and rates with a Freehold title.
This little stunner is a true city living in the heart of transport, Universities, and amenities of the CBD.
You'll need to be a cash buyer for this as there are remedial issues. With the works poised to start, and a bundle of cash sitting in the coffers, the expected cost to the new owners will be minimal, the complete opposite of the upside once the works are complete- there's a lot of meat for the new owner to sink their teeth into.
There'll be no pain whilst you wait with a standing tenant showing an excellent return, so sit back and let the good times roll.
- 34sqm (approx.)
- One Bedroom with Balcony
- Freehold
Outgoings:
- Body Corporate: $2,921.42 per annum
- Rates: $899.14 per annum (2022/2023 rates)
Rental Appraisal: $350.00 - $400.00 per week (furnished)
With the current average sale price in the city of over $10,000 per sqm and new developments heading toward and past $15,000 per sqm, try this at under $4,000 per sqm.
Borrow the lot against existing security and soak up the exceptional returns. Better yet pay cash.
One of the best opportunities on the market.
Don't delay, call us now!
Located on Auckland's golden mile Queen Street, future values are sure to go through the roof.
Added to that you have very low body corporate fees and rates with a Freehold title.
This little stunner is a true city living in the heart of transport, Universities, and amenities of the CBD.
You'll need to be a cash buyer for this as there are remedial issues. With the works poised to start, and a bundle of cash sitting in the coffers, the expected cost to the new owners will be minimal, the complete opposite of the upside once the works are complete- there's a lot of meat for the new owner to sink their teeth into.
There'll be no pain whilst you wait with a standing tenant showing an excellent return, so sit back and let the good times roll.
- 34sqm (approx.)
- One Bedroom with Balcony
- Freehold
Outgoings:
- Body Corporate: $2,921.42 per annum
- Rates: $899.14 per annum (2022/2023 rates)
Rental Appraisal: $350.00 - $400.00 per week (furnished)
With the current average sale price in the city of over $10,000 per sqm and new developments heading toward and past $15,000 per sqm, try this at under $4,000 per sqm.
Borrow the lot against existing security and soak up the exceptional returns. Better yet pay cash.
One of the best opportunities on the market.
Don't delay, call us now!
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Contact Steve Kirk
Contact Steve Kirk
Steve Kirk
1D/508 Queen Street, Auckland Central 1010
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Steve Kirk
1D/508 Queen Street, Auckland Central 1010