Sold
1011/30 Beach Road,
Auckland Central, Auckland City
NZD 80,000
Property details
-
Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
Kiss your landlord goodbye and get on the ladder!
With stunning sea views and a prime downtown location near supermarkets, restaurants, and cafes, this property is a dream come true. And the best part? It's currently under-rent, with the existing tenant paying only $730 per week for the last year. But with a market rental appraisal of $850 per week to $950 per week, you could increase your income significantly.
Even at a conservative estimate of $900 per week less costs, you could expect double-digit net returns. The apartment includes a study and a bathroom, and comes with the added benefit of being fully furnished. And with current ground rent and OPEX costs of approximately $32k per year, purchasing this apartment is still cheaper than all the freehold two bedroom apartments with car parks in the CBD & across the road!
This is the perfect opportunity for you to diversify your investment portfolio and take advantage of a property that's already generating income or live in it yourself with a view for peanuts! So don't hesitate - come see it for yourself and start reaping the benefits. This is not a drill - it's the real deal that you've been waiting for.
Explore the area
School catchments
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.07km
- Galaxy International College Secondary Years 9-15 Private 0.54km
- Crimson Global Academy Secondary Years 9-15 Private 1.0km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.3km
- UP International College New Zealand Secondary Years 9-15 Private 1.4km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 1.5km
- City 0-10 Composite Years 1-15 Private 1.6km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.6km
- Parnell School Full primary Years 1-8 State 1.7km
- Freemans Bay School Primary Years 1-6 State 1.9km
- ACG Parnell College Composite Years 1-15 Private 2.1km
- Auckland Girls' Grammar School Secondary Years 9-15 State 2.1km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.2km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.5km
- Stanley Bay School Primary Years 1-6 State 2.5km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 2.7km
- Auckland Grammar School Secondary Years 9-15 State 2.7km
- Newmarket School Primary Years 1-6 State 2.8km
- Ponsonby Intermediate Intermediate Years 7-8 State 3.0km
- Ponsonby Primary School Primary Years 1-6 State 3.0km
- Devonport Primary School Primary Years 1-6 State 3.1km
- St Leo's Catholic School (Devonport) Primary Years 1-6 State integrated 3.1km
- Richmond Road School Primary Years 1-6 State 3.2km
- Victoria Avenue School Primary Years 1-6 State 3.2km
- St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 3.2km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 3.3km
- Ficino School Full primary Years 1-8 Private 3.3km
- Baradene College Secondary Years 7-15 State integrated 3.3km
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.