QUICK STUDY...$1 DOLLAR RESERVE

Our seller is seriously motivated, we tried to stop them but they insisted on advertising their property with a $1 Declared Reserve.

You could buy this on your credit card and you don't even need to see inside, there's no room anyway. Three bedrooms, three students and lots of belongings, lots of rental income too.

Leasehold? You bet. A little tired? Obviously.
What's the catch? The bank won't lend on it, you'll need cash and time to do a lot of reading.
Upside? In time the rent will increase but you'll have to give it some TLC.

Grand Central Apartments located next to the Vector Arena in downtown Auckland is tailor made for affordable student accommodation, it's purpose built and designed to inspire, or rather propel the kids to graduate.
Mum and Dad? It's cheaper than paying someone else's mortgage and you'll always know where they are.

Currently rented to three very motivated foreign students collectively paying our vendor $480 per week, but our vendors got other plans so out it goes.

Southern sellers' no longer interested in their big city investment, they've long since graduated and with a growing family it's time to cash up...over and out.

Potential purchasers are strongly advised to seek their own legal advice before committing to purchase.
Copy and paste "please provide all disclosures including pre contract disclosure statement and viewing time"

Explore the area

School catchments

Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.33km
Crimson Global Academy Secondary Years 9-15 Private 0.64km
Galaxy International College Secondary Years 9-15 Private 0.78km
Parnell School Full primary Years 1-8 State 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
The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.6km
Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.7km
City 0-10 Composite Years 1-15 Private 1.7km
ACG Parnell College Composite Years 1-15 Private 1.7km
Freemans Bay School Primary Years 1-6 State 2.1km
Auckland Girls' Grammar School Secondary Years 9-15 State 2.2km
St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.3km
Auckland Grammar School Secondary Years 9-15 State 2.5km
St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.5km
Newmarket School Primary Years 1-6 State 2.5km
Stanley Bay School Primary Years 1-6 State 2.6km
Te Uru Karaka Newton Central School Primary Years 1-6 State 2.7km
Victoria Avenue School Primary Years 1-6 State 2.8km
Baradene College Secondary Years 7-15 State integrated 2.9km
St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.9km
Saint Kentigern Boys' School Full primary Years 1-8 Private 2.9km
Devonport Primary School Primary Years 1-6 State 3.0km
Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 3.1km
St Leo's Catholic School (Devonport) Primary Years 1-6 State integrated 3.1km
Saint Kentigern Girls' School Full primary Years 1-8 Private 3.1km
Ficino School Full primary Years 1-8 Private 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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