Hands Free Rental Income

Reduced from $199,000 to $189,000 representing a rock solid red hot return at this new asking price.

This fully furnished studio is a straight cash flow opportunity already dispensing cash at $380 per week constantly.

Professionally Managed by the four star Quadrant Hotel means no tenant hassles and no headaches with low body corporate fees, this will provide reliable cashflow week in, week out.

The Quadrant Hotel is a popular freehold building in a great central location complete with Hotel style facilities such as a sauna, spa pool and GYM. If you've got cold hard cash burning a hole in your inflationary pocket then this is your chance to beat the odds.

The on-site Quadrant Hotel provides all aspects of tenant management and offers safety and security whilst the body corporate ensures professional building management. You'll never live in it, it's already performing exactly as it should, generating excellent income.

NOW asking only $189,000 our sellers are open to offers.

Explore the area

School catchments

Galaxy International College Secondary Years 9-15 Private 0.30km
Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.37km
UP International College New Zealand Secondary Years 9-15 Private 0.99km
Crimson Global Academy Secondary Years 9-15 Private 1.1km
Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 1.1km
Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.2km
The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.2km
City 0-10 Composite Years 1-15 Private 1.2km
Freemans Bay School Primary Years 1-6 State 1.6km
Parnell School Full primary Years 1-8 State 1.7km
Auckland Girls' Grammar School Secondary Years 9-15 State 1.8km
ACG Parnell College Composite Years 1-15 Private 1.8km
St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.0km
St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.1km
Te Uru Karaka Newton Central School Primary Years 1-6 State 2.3km
Auckland Grammar School Secondary Years 9-15 State 2.3km
Newmarket School Primary Years 1-6 State 2.5km
Ponsonby Intermediate Intermediate Years 7-8 State 2.8km
Stanley Bay School Primary Years 1-6 State 2.9km
Richmond Road School Primary Years 1-6 State 2.9km
Ponsonby Primary School Primary Years 1-6 State 2.9km
Ficino School Full primary Years 1-8 Private 2.9km
St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 3.0km
St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 3.0km
Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 3.1km
Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 3.1km
Victoria Avenue School Primary Years 1-6 State 3.2km
Epsom Girls Grammar School Secondary Years 9-15 State 3.2km

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.

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