Sold

427-428/21 Whitaker Place,
Auckland Central, Auckland City

2 bedrooms
2 bathrooms
56m² building size
Apartment

NZD 175,000


Property details

Dual-Key Unit with Lock-In Income Until 2026

This fully managed Dual-Key apartment, approximately 56sqm, is located in the ever popular Empire Apartments and comprises two studios with its own kitchenette and bathrooms. Currently, it generates around $1,500 (incl GST) NET per month after covering ALL expenses, which include body corporate fees, council rates & management fee, all taken care of by the management company.

This property offers an attractive return in Auckland's competitive student rental market and is one of only ten similar units in the apartment building.

The apartment is leased to Theta Management until mid-2026, providing a hands-off income stream. Once the lease ends, you have the flexibility to renew it, continue with professional management, or take vacant possession.

The vendors are GST registered, so the apartment will be sold either 'Plus GST' or as a 'Going Concern'.

Positioned just minutes from the University of Auckland and AUT, and with convenient transport links nearby. Don't miss your chance to secure your place in Auckland's dynamic property market. Get in touch today to take the next step toward achieving your investment goals.

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.60km
  • 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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