Prime Studio Investment Opportunity!

Discover this well-appointed 19 sqm (more or less) studio, an ideal choice for students or city professionals. Currently tenanted at $380 per week, this property promises a reliable income stream for the savvy investor.

It's a leasehold tenure (unit title), the low outgoings, attractive rental yield, and competitive price make this a remarkable cash flow opportunity. Alternatively, it serves as a secure retreat for your university-bound family member.

Key Details:
CV: $185,000
Council Rates: $1,262.42 per annum
Body Corporate Levy: $7,538.20 per annum (period 1 March 2024 to 28 February 2025)- included Ground Rent
Asking Price: $68,800 + GST (if applicable)

Enjoy peace of mind with on-site building managers and daily reception services ensuring a safe environment for residents.

Situated in the heart of Central Auckland, this studio offers easy access to vibrant restaurants, entertainment, and shopping-everything you need is just a short stroll away.

Don't miss out on this golden ticket to expand your investment portfolio.
For more information, please contact Benjamin at 021 0266 4105 or Lisa at 027 575 5518.

Explore the area

School catchments

Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.36km
Galaxy International College Secondary Years 9-15 Private 0.62km
Crimson Global Academy Secondary Years 9-15 Private 0.76km
UP International College New Zealand Secondary Years 9-15 Private 1.2km
Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 1.3km
The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.4km
Parnell School Full primary Years 1-8 State 1.4km
City 0-10 Composite Years 1-15 Private 1.5km
Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.5km
ACG Parnell College Composite Years 1-15 Private 1.6km
Freemans Bay School Primary Years 1-6 State 1.9km
Auckland Girls' Grammar School Secondary Years 9-15 State 2.0km
St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.1km
Auckland Grammar School Secondary Years 9-15 State 2.3km
St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.3km
Newmarket School Primary Years 1-6 State 2.4km
Te Uru Karaka Newton Central School Primary Years 1-6 State 2.5km
Stanley Bay School Primary Years 1-6 State 2.8km
St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.8km
Victoria Avenue School Primary Years 1-6 State 2.9km
Baradene College Secondary Years 7-15 State integrated 3.0km
Ficino School Full primary Years 1-8 Private 3.0km
Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 3.0km
Saint Kentigern Boys' School Full primary Years 1-8 Private 3.0km
Ponsonby Intermediate Intermediate Years 7-8 State 3.1km
Epsom Girls Grammar School Secondary Years 9-15 State 3.1km
Richmond Road School Primary Years 1-6 State 3.2km
Saint Kentigern Girls' School Full primary Years 1-8 Private 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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