Sold

1i/14 Waterloo Quadrant,
Auckland Central, Auckland City

1 bedroom
1 bathroom
35m² building size
Apartment

NZD 80,000


Property details

22% return on your money!

The upside here is the financial return you will gain over time, with a solid body corporate that are all hands on deck, this is ripe for the taking for the savvy investor.

Having recently identified the need for carrying out large-scale maintenance work this vendor has decided to let go of this gem. With current tenants paying $365 per week fixed until next year for the apartment and an extra $20 for the storage locker.

One lucky investor is going to snap this up for a fraction of the true market value and make a very nice profit coming out the other end of the project.

This building is freehold and going through remedial repairs, being on the first floor means you will have the lower levy to pay compared to the other units in the building!

The location is unbeatable being opposite the Old Government House and adjacent to the High Court. You will be within easy walking distance to the city, Albert Park, and universities. You will also be only a stone's throw away from Britomart transport hub with all its upmarket restaurants and bars.

Call me today to find out how!

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 1.3km
  • Freemans Bay School Primary Years 1-6 State 1.7km
  • Parnell School Full primary Years 1-8 State 1.7km
  • ACG Parnell College Composite Years 1-15 Private 1.8km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 2.3km

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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