Sold
326/26 Te Taou Crescent,
Auckland Central, Auckland City
NZD 11,000
Property details
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Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
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$1 DOLLAR RESERVE...please ignore
We understand this is tempting but we had to convey the message that our seller seriously motivated.
You could buy this on your credit card and you don't even need to see inside.
Three bedrooms, three students and lots of rental income too, essentially what's for sale is an income stream.
Upside? Rents are robust and the property manager's based in the building...completely hassle free. Did we mention the income from the carpark? Yip...it's got a permanently leased carpark too...that's an income stream of over $650 per week for a pocket change price.
What's the catch? It's cosmetically challenged but perfectly habitable, the bank won't lend on leasehold title, you'll need to have a little cash and time to do a lot of reading.
Grand Central Apartments located next to the Vector Arena in downtown Auckland is tailor made for affordable student accommodation. Mum and Dad? Buying this'll be cheaper than paying the kid's rent and you'll always know they're safe and secure but you'll need to wait for the existing tenants to finish up.
Our sellers' no longer interested in their big city investment, they've long since graduated and it's time to cash out, even if its a dollar.
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"
You could buy this on your credit card and you don't even need to see inside.
Three bedrooms, three students and lots of rental income too, essentially what's for sale is an income stream.
Upside? Rents are robust and the property manager's based in the building...completely hassle free. Did we mention the income from the carpark? Yip...it's got a permanently leased carpark too...that's an income stream of over $650 per week for a pocket change price.
What's the catch? It's cosmetically challenged but perfectly habitable, the bank won't lend on leasehold title, you'll need to have a little cash and time to do a lot of reading.
Grand Central Apartments located next to the Vector Arena in downtown Auckland is tailor made for affordable student accommodation. Mum and Dad? Buying this'll be cheaper than paying the kid's rent and you'll always know they're safe and secure but you'll need to wait for the existing tenants to finish up.
Our sellers' no longer interested in their big city investment, they've long since graduated and it's time to cash out, even if its a dollar.
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 0.34km
- Crimson Global Academy Secondary Years 9-15 Private 0.63km
- 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
- Newmarket School Primary Years 1-6 State 2.5km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 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 3.0km
- Saint Kentigern Girls' School Full primary Years 1-8 Private 3.1km
- St Leo's Catholic School (Devonport) Primary Years 1-6 State integrated 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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Contact Dominic Worthington
Contact Dominic Worthington
Dominic Worthington
326/26 Te Taou Crescent, Auckland Central 1010
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Dominic Worthington
326/26 Te Taou Crescent, Auckland Central 1010