Your just buying the income

We have for you a seriously motivated seller in The Grand Central apartments. You could buy this three bedroom character cash cow on your credit card and you don't even need to see inside. Imagine three bedrooms, three students and lots and lots of rental income, oh there's a carpark too that's seriously under performing.

Leasehold and cheap? You bet. A little tired? Not as tired as you might think.
What's the catch? The bank won't lend on it, you'll need a little bit of cash and the ability to read.
Upside? It's perpetual passive income for virtually spare cash...like...forever.

Grand Central Apartments located next to the Vector Arena in downtown Auckland is tailor made for affordable student accommodation. Mum and Dad? It's perfect for the offspring, safe and secure, central and cheaper than paying their rent and you'll always know where they are, buy it for next year...think ahead before everyone else wakes up.

Currently rented to three very motivated students collectively paying $570 per week not to mention drip feeding into this the income stream from the carpark; our sellers' have other plans, so out it goes apartment and carpark together...over and out.

Potential purchasers are strongly advised to seek their own legal advice before committing to purchase.
The carpark is on a separate title and not available for personal use.
Copy and paste the following for further info; "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 0.32km
Crimson Global Academy Secondary Years 9-15 Private 0.65km
Galaxy International College Secondary Years 9-15 Private 0.76km
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
St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.9km
Baradene College Secondary Years 7-15 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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