Sold

309/8 Ronayne Street,
Auckland Central, Auckland City

2 bedrooms
2 bathrooms
65m² building size
Apartment

NZD 105,000


Property details

Serious Seller...HOT RESERVE!

Trying to fill the affordability gap? No problem, you could buy this outright with spare change and the outgoings are certainly more affordable than other options currently on offer, that means more coin left in your pocket.

Two bedrooms with two bathrooms, big and open plan and there's no need to pay for a view you'll never gaze at, this has super low ownership costs. Buying this apartment at a fraction of the price of comparable freehold options just makes cents...and lots of dollars. Give it a face lift and pretty soon you'll be generating serious cash flow.

Let's do the sums.

Total rental income from long term tenants is $27,820 per year, outgoings of Body corp and ground rent are $195 per week. The rest stays in your pocket. The question really is, what would you pay?

The Vital Features include:
- Two big bedrooms. Main bedroom and one en-suit and second bathroom.
- Well appointed kitchen with open plan living room.
- Spacious at 65 square meters (give or take) with deck area.
- No need to pay for a view you'll never gaze at, low ownership costs.
- Pool, GYM, SAUNA and tennis court as communal attractions.

Sale by way of Auction, be sure to register your interest and order the info pack today. This is a genuinely motivated seller who is cashing out determined to meet the market, tell us what you'd like to pay, you may be surprised.

Explore the area


School catchments

  • Parnell School Full primary Years 1-8 State 1.3km
  • City 0-10 Composite Years 1-15 Private 1.5km
  • ACG Parnell College Composite Years 1-15 Private 1.6km
  • Freemans Bay School Primary Years 1-6 State 2.0km
  • Newmarket 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

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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