Sold
2A/11B City Road,
Auckland Central, Auckland City
NZD 59,000
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
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High Yield! Great Return in the City Centre!
Cash flow is the critical component of successful real estate investing and this option absolutely prints the stuff!
Superb opportunity for anyone looking to invest in the city centre with a great return.
Comprising of 59m2 (approx.) floor area single level one bedroom apartment, this stylishly appointed city pad has a spacious living flowing out to a sunny north-facing aspect. An open plan dining and modern kitchen, genuine double bedroom.
Absolute central location! Near AUT, Auckland University, ACG and ELA. Walking distance to Queen Street, Aotea Square, Event Cinema, and library. Zoned for Auckland Grammar School and Ponsonby Intermediate.
Rental Appraisal a whopping: $475pwk
Annual Outgoings:
- Ground rent: $8,756.12 p.a (Current ground rent was renewed in 2018, and is renewed every 5 years) The lease term expires on 30/12/2086
- Operating Expense: $4,243.00 p.a
- City Council Rates: $1,205.82
Opportunities like this are rarely on the market, with high rental demands, and high net return, perfectly balancing elevated living with affordability. Rent out or live in, you can't go wrong! Don't delay, call Krister for more information and book a private viewing now!
Superb opportunity for anyone looking to invest in the city centre with a great return.
Comprising of 59m2 (approx.) floor area single level one bedroom apartment, this stylishly appointed city pad has a spacious living flowing out to a sunny north-facing aspect. An open plan dining and modern kitchen, genuine double bedroom.
Absolute central location! Near AUT, Auckland University, ACG and ELA. Walking distance to Queen Street, Aotea Square, Event Cinema, and library. Zoned for Auckland Grammar School and Ponsonby Intermediate.
Rental Appraisal a whopping: $475pwk
Annual Outgoings:
- Ground rent: $8,756.12 p.a (Current ground rent was renewed in 2018, and is renewed every 5 years) The lease term expires on 30/12/2086
- Operating Expense: $4,243.00 p.a
- City Council Rates: $1,205.82
Opportunities like this are rarely on the market, with high rental demands, and high net return, perfectly balancing elevated living with affordability. Rent out or live in, you can't go wrong! Don't delay, call Krister for more information and book a private viewing now!
Explore the area
School catchments
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.09km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.17km
- UP International College New Zealand Secondary Years 9-15 Private 0.19km
- City 0-10 Composite Years 1-15 Private 0.30km
- Auckland Girls' Grammar School Secondary Years 9-15 State 0.84km
- Galaxy International College Secondary Years 9-15 Private 0.99km
- Freemans Bay School Primary Years 1-6 State 1.0km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 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
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.5km
- Auckland Grammar School Secondary Years 9-15 State 1.6km
- ACG Parnell College Composite Years 1-15 Private 1.6km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.7km
- Crimson Global Academy Secondary Years 9-15 Private 1.8km
- Newmarket School Primary Years 1-6 State 1.9km
- Ficino School Full primary Years 1-8 Private 1.9km
- Richmond Road School Primary Years 1-6 State 2.1km
- Kōwhai Intermediate Intermediate Years 7-8 State 2.2km
- Parnell School Full primary Years 1-8 State 2.2km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 2.3km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.3km
- Mt Eden Normal School Primary Years 1-6 State 2.4km
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.4km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.5km
- Grey Lynn School Primary Years 1-6 State 2.6km
- Epsom Girls Grammar School Secondary Years 9-15 State 2.6km
- Ponsonby Primary School Primary Years 1-6 State 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.
Find out how much home loan repayments will be
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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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Contact Krister Samuel
Krister Samuel
2A/11B City Road, Auckland Central 1010
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Krister Samuel
2A/11B City Road, Auckland Central 1010