Sold
5A/47 St Paul Street,
Auckland Central, Auckland City
Price withheld
Property details
-
Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
-
Cash Cow in the heart of AUT University precinct
At a $769,000 asking price, this asset delivers a massive 14.58% net yield (self-managed) or 12.82% net yield (fully managed)
Gross Rental Income: $151,144 (Outstanding 19.65% Gross Return) the figure after property management fees is $137,630.
The below figures break down the self-manage scenario so you can do the numbers.
Total Operating Expenses: $39,031 (Includes actual Body Corp fees, rates, power, internet, and cleaning)
Net Annual Cash Surplus: $112,113 Monthly Net Cash Flow: $9,342+ straight into your bank account.
Why This Cash-Flow Engine Beats Everything Else on the Market:
Elite Net Returns: A true 14.58% net yield is nearly impossible to find in Auckland Central, especially backed by physical land value.
Turnkey Going Concern: Zero ramp-up time or construction delays-the operational setup, cleaning systems, and core utilities arealready in place.
Built-In High Demand: Situated right in the high-density AUT University precinct near Queen Street, guaranteeing constant rental pools of students, workers, and travellers.
Untapped Revenue Upside: Boost your monthly cash flow even further by adjusting room rates.
This is the ultimate defensive, high-yielding asset for smart investors who value immediate monthly profits over speculation.
One secure covered car park is a icing on the cake.
Contact Dusan now to request the full information pack and arrange a private viewing before it is snapped up.
Gross Rental Income: $151,144 (Outstanding 19.65% Gross Return) the figure after property management fees is $137,630.
The below figures break down the self-manage scenario so you can do the numbers.
Total Operating Expenses: $39,031 (Includes actual Body Corp fees, rates, power, internet, and cleaning)
Net Annual Cash Surplus: $112,113 Monthly Net Cash Flow: $9,342+ straight into your bank account.
Why This Cash-Flow Engine Beats Everything Else on the Market:
Elite Net Returns: A true 14.58% net yield is nearly impossible to find in Auckland Central, especially backed by physical land value.
Turnkey Going Concern: Zero ramp-up time or construction delays-the operational setup, cleaning systems, and core utilities arealready in place.
Built-In High Demand: Situated right in the high-density AUT University precinct near Queen Street, guaranteeing constant rental pools of students, workers, and travellers.
Untapped Revenue Upside: Boost your monthly cash flow even further by adjusting room rates.
This is the ultimate defensive, high-yielding asset for smart investors who value immediate monthly profits over speculation.
One secure covered car park is a icing on the cake.
Contact Dusan now to request the full information pack and arrange a private viewing before it is snapped up.
Explore the area
School catchments
- UP International College New Zealand Secondary Years 9-15 Private 0.29km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.39km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.50km
- City 0-10 Composite Years 1-15 Private 0.55km
- Galaxy International College Secondary Years 9-15 Private 0.67km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.1km
- Auckland Girls' Grammar School Secondary Years 9-15 State 1.1km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.1km
- Freemans Bay School Primary Years 1-6 State 1.2km
- Crimson Global Academy Secondary Years 9-15 Private 1.6km
- ACG Parnell College Composite Years 1-15 Private 1.6km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 1.6km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 1.6km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.8km
- Auckland Grammar School Secondary Years 9-15 State 1.8km
- Parnell School Full primary Years 1-8 State 2.0km
- Newmarket School Primary Years 1-6 State 2.0km
- Ficino School Full primary Years 1-8 Private 2.2km
- Richmond Road School Primary Years 1-6 State 2.3km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.4km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 2.5km
- Kōwhai Intermediate Intermediate Years 7-8 State 2.6km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.7km
- Ponsonby Primary School Primary Years 1-6 State 2.7km
- Mt Eden Normal School Primary Years 1-6 State 2.7km
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.7km
- St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.7km
- Epsom Girls Grammar School Secondary Years 9-15 State 2.8km
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.
Photos
Contact Dusan Valenta
Contact Dusan Valenta
Dusan Valenta
5A/47 St Paul Street, Auckland Central 1010
Request a callback
Dusan Valenta
5A/47 St Paul Street, Auckland Central 1010