Sold

2E/50-52 Eden Crescent,
Auckland Central, Auckland City

1 bedroom
1 bathroom
25m² building size
Apartment

NZD 236,000


Property details

Set and forget - 6.1% net fixed to 2030

Investments don't get much more straightforward than this one, so hang up the brain, and put away the calculators, they won't be required for this one.

This fabulous studio has a tenancy term until the year 2030 for $19,760 per annum ($380 per week). That's $15,730 per annum after outgoings, or a very healthy, very safe 6.1% net!!
Ask the bank manager if they can match that.
When they stop laughing tell them they won't be needed for this one, with an asking price of only $258,000, rustle up some spare change and give us a call.

The apartment is a light-filled, 25 sqm (approx.) studio with high stud.
The building, the prestigious Darlinghurst - very popular with owner occupiers and investors alike, this building oozes charm and character, a blend of old-world design with modern conveniences.

- FREEHOLD
- Guaranteed 6.1% ROI until the year 2030 (refer to tenancy terms on the tenancy agreement)
- Excellent location
- Storage Locker
- Interest Deductibility Applies

Income:
- $380 per week fixed until the year 2030 (refer to tenancy terms on the tenancy agreement)

Outgoings:
- Council Rates: $995.92 per annum
- Body Corp Levy: $3,034.15 per annum (approx.)

Location-wise, Eden Crescent has to be one of the best streets in Auckland Central. Tucked away from the hustle and bustle strolling distances to Albert Park and the Domain, Queen Street, Britomart, and The Viaduct are all a very easy walk away.

Make no mistake, this has been priced to sell and will be gone before you can say that's a bargain.
Call us today for a full information pack or to arrange a private inspection.

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 1.4km
  • Parnell School Full primary Years 1-8 State 1.5km
  • ACG Parnell College Composite Years 1-15 Private 1.7km
  • Freemans Bay School Primary Years 1-6 State 1.8km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 2.4km

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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