Sold

5B/25 Rutland Street,
Auckland Central, Auckland City

1 bedroom
1 bathroom
Apartment

NZD 101,000


Property details

Cha-Ching, Mooo!!!

In Room Auction - 12:30pm, Thursday 13th October 2022 at Ray White Auckland Central (2 Lorne Street, Auckland Central).

That's right, it's a cash cow, or is it a golden goose?

Owner has to sell. Being Sold via Auction - come and name your price!

The freehold Aucklander building has had remedial issues identified. Whilst the Body Corp works thorough the remedy, the opportunity has raised its head; only available because, for unrelated reasons, the owner has to sell! Believe us when we say, this one is a winner.

A high-yielding investment where the increase in value - once works completed - is looking to be massive; you will need to be a cash buyer to jump on this one.

This very well-laid out, north-facing one-bed corner unit is an opportunity that you'll want to jump on. Complete with a standing tenant that has been there for the past 8 years paying $430 per week - this is an absolute no-brainer.

- Very tidy, 47m2 One Bed
- Fantastic location close to University, AUT, just off Queen Street
- North Facing with plenty of sunlight.
- Great layout
- Freehold

Opportunities like this don't come around every day and when they do get snapped up by those in the know, so act fast or miss out.

Call us today for an information pack/to arrange a viewing.
Full information pack available upon request.

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.62km
  • Freemans Bay School Primary Years 1-6 State 1.1km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 1.7km
  • ACG Parnell College Composite Years 1-15 Private 1.7km
  • Parnell School Full primary Years 1-8 State 2.0km

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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