It's Contagious - Bank Friendly - 2 bed + car

This building is being taken over. Eight of the last 10 units being sold to owner-occupiers. Of those 10, the apartments that weren't, were snapped up by investors drawn in by the low outgoings and capital gains, and are currently renting for big money ($650+ per week). Although it doesn't take a genius to work out this is an absolute winner, the owner has priced it to ensure it is a hands-down no-brainer. 53m2 (plus balcony), Freehold, Bank-friendly two-bedroom + a covered, secure car park for $529,000.

- FREEHOLD
- 53m² approx. + balcony
- 2 Bedroom / 1 bathroom
- A covered, secure car park
- Rates: $1,682.02 per annum
- Body Corp: $5028.14
- Rental Appraisal $650 - $680 per week

The location is perfect - perched away from the hustle and bustle, this is true city fringe living at the top of town. When the City Loop underground rail project completes, you'll have a station a few minutes away on Mercury Lane and then the Beresford St entrance will be built only minutes away. Turn the other way, head down Wellington St and you're in the leafy exclusive suburb of Freemans Bay and in zone for the very popular Freemans Bay Primary.

You will not want to miss this one. Contact us today for a full information pack and/or to arrange a viewing.

Explore the area

School catchments

City 0-10 Composite Years 1-15 Private 0.36km
Freemans Bay School Primary Years 1-6 State 0.43km
UP International College New Zealand Secondary Years 9-15 Private 0.48km
Auckland Girls' Grammar School Secondary Years 9-15 State 0.56km
The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.69km
Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.70km
Aotearoa Infinite Academy Secondary Years 9-15 Charter 0.81km
Galaxy International College Secondary Years 9-15 Private 1.0km
St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.1km
Te Uru Karaka Newton Central School Primary Years 1-6 State 1.2km
Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.6km
Richmond Road School Primary Years 1-6 State 1.6km
Ponsonby Intermediate Intermediate Years 7-8 State 1.7km
St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 1.8km
Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.0km
St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.0km
Ponsonby Primary School Primary Years 1-6 State 2.0km
Auckland Grammar School Secondary Years 9-15 State 2.1km
ACG Parnell College Composite Years 1-15 Private 2.2km
St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.2km
Crimson Global Academy Secondary Years 9-15 Private 2.2km
Grey Lynn School Primary Years 1-6 State 2.3km
Ficino School Full primary Years 1-8 Private 2.3km
Kōwhai Intermediate Intermediate Years 7-8 State 2.3km
Bayfield School Primary Years 1-6 State 2.4km
Newmarket School Primary Years 1-6 State 2.5km
Mt Eden Normal School Primary Years 1-6 State 2.7km
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.

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.