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9D/15 Whitaker Place,
Auckland Central, Auckland City

3 bedrooms
1 bathroom
42m² building size
Apartment

NZD 230,000


Property details

University Hub Gem with 8% High-Yield Potential!

Welcome to your next bright investment opportunity in the heart of the bustling university district! Nestled within this vibrant academic hub, we present a remarkable 42 sqm (approx.) FREEHOLD apartment with three double bedrooms, one bathroom, one toilet and a kitchenette that could be your golden ticket to high-yield returns. This gem stands out as a prime investment opportunity for savvy investors and parents seeking a home away from home for their university-bound children.

Each of the three bedrooms in this apartment boasts external windows, allowing natural light to cascade in, creating a bright and cheerful atmosphere. This clever design ensures that every living space is inviting and conducive to study.

The apartment comes fully furnished, just as you see in the photos, sparing you the hassle of outfitting it yourself. It's move-in ready for students.

Outgoings:
Rates - $2,160.02 per annum
Body Corporate Fee - $9,255.48 per annum

This investment property generates a steady rental income of $520 per week. However, the future holds even more tremendous promise. A fresh rental appraisal estimates the potential rental income to be between $620 and $650 weekly. You have the potential to achieve an impressive 8% net return on your investment!

It's a rare find in today's real estate market and a testament to the soundness of this investment opportunity.

Don't miss out on securing your piece of this thriving academic community - seize this opportunity today!

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.62km
  • ACG Parnell College Composite Years 1-15 Private 1.3km
  • Freemans Bay School Primary Years 1-6 State 1.3km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 1.4km
  • Newmarket School Primary Years 1-6 State 1.6km

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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