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621/133 Beach Road,
Auckland Central, Auckland City

1 bedroom
1 bathroom
19m² building size
Apartment

NZD 69,000


Property details

Looking for a 20% net return???!!??

Your own personal ATM machine sitting right in the heart of Auckland City.
Just metres from both universities, Unilodge is purpose built student accommodation - well placed to take advantage of the constantly growing rental demand.
This unit is currently leased to Unilodge but with options in the near future to occupy or rent.
Unit 621 is a functional 19sqm studio perfect for students or city workers.
Currently rented for a whopping $372 per week.
Yes - it is leasehold BUT the low outgoings, high rent and low price point make this a no brainer and a massive cash flowing investment.

Ground rent levy: $3,275.32 per annum
Operating levy: $3,275.20 per annum
Council rates: $1,175.82 per annum

Leasehold in perpetuity - no final expiry.
Alternatively, it is the perfect safe and secure crash pad for a lucky kid while attending Uni.
On-site building managers and daily reception will give you peace of mind that your loved ones are well looked after.
Asking price is $59,000 + GST (if any).

NOTE - photos are of an identical unit in the building, furniture will differ from photos.

Explore the area


School catchments

  • Parnell School Full primary Years 1-8 State 1.4km
  • 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 1.9km
  • 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

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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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