Sold

522/21 Whitaker Place,
Auckland Central, Auckland City

3 bedrooms
2 bathrooms
57m² building size
Apartment

NZD 165,000


Property details

Sleep Walk Investing

Hassle free investing? You bet. If you're seeking cashflow without the hands on day to day, week to week, year to year tenant management drill then it does not get easier than this.

BIG 57sqm THREE bedroom TWO BATHROOM cash converter seeks all cash investors big and small.

On-site management takes care of the tenants, located in the heart of tertiary town in Whitaker Place Auckland Central. Both universities AUT and Auckland University are within a short walk, you start generating income from the moment you settle and you don't even have to set foot in the place.

Currently under a long term lease to an experienced operator until 2026. Multiple options at lease expiry - live in and add value, resign the lease for another long term or rent out privately. This'll be a "Plus GST if any" purchase, so get registered. Recently had a revamp with new paint and carpet.

Overseas seller's financial reshuffle is your chance to either plump up the portfolio or climb the property ladder on the first step, in other words...it's bargain time.

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.59km
  • 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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