Sold

5F/15 Whitaker Place,
Auckland Central, Auckland City

2 bedrooms
1 bathroom
27m² building size
Apartment

Price withheld


Property details

$89,000 DECLARED RESERVE

We've done the guess work for you, at a $89,000 DECLARED RESERVE.

This compact FREEHOLD two bedroom income generator is by far the sharpest priced option for anything comparable on today's market and it's right in the heart of Auckland's academic area, no need for a degree to figure that out.

Sandwiched between Auckland Uni and AUT enjoying constant demand from the student accommodation sector without costing the earth.

With the lease expiring in August 2024 upside options are to buy for the kids future accommodation needs, add value or rent out as a long term hold.

'The Columbia' building is well maintained and meticulously managed by on-site building managers, hassle and headache free, just as it should be.

Rental appraisal $430-450 per week...and not long to wait for that river of gold to come your way.

If you can find a bargain better than this, you should probably buy it.

Going once, going twice, overseas sellers' are over and out.

Auction (Unless Sold Prior) Thursday 25 July 2024
In rooms: Level 3-246 Queen Street Auckland Central at 12:30pm
As the property is currently under a management lease viewing is not possable.

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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