Sold

301/8 Ronayne Street,
Auckland Central, Auckland City

2 bedrooms
2 bathrooms
1 car space
Apartment

NZD 92,000


Property details

Auction Reserve of $49,000...over 30% ROI

Searching for EXTRAORDINARILY HIGH double digit returns that are legal?
Investors look no further than this TWO bedroom, TWO bathroom money machine.
First home buyers? If your budget is modest this apartment has a Declared Reserve of ONLY $49,000.
Say what?
That's right, the reserve for this Auction is forty nine thousand New Zealand dollars ONLY....with $600 rental income per week and affordable outgoings. Complete with one secure car park and storage locker.

Fantastic tenants have unlimited use of the pool, the gym and the tennis court...very happy indeed.
Manifold transport options terminate downtown so hop on the train, bus or ferry for a day trip to Waiheke. Well maintained and managed building by an active Body Corporate Committee and "Live-In" Building Manager.

The Landings leasehold residential apartment complex is conveniently located close to Britomart, Countdown supermarket and Queen Street shopping all within a pleasant downtown stroll.
Sellers tickets are booked, their luggage is packed so it's goodbye from them and HEELLOOO cash flow.

Explore the area


School catchments

  • Parnell School Full primary Years 1-8 State 1.3km
  • City 0-10 Composite Years 1-15 Private 1.5km
  • ACG Parnell College Composite Years 1-15 Private 1.6km
  • Freemans Bay School Primary Years 1-6 State 2.0km
  • Newmarket School Primary Years 1-6 State 2.4km

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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