Sold

506/43 Anzac Avenue,
Auckland Central, Auckland City

1 bedroom
1 bathroom
18m² building size
Apartment

Price withheld


Property details

CASH COW! Freehold Studio by the Uni rented $300pw

URGENT SALE!! A fully functional compact apartment nestled in the Cambridge building on Anzac Avenue. Perfect for students who don't want to waste time on commuting. Also, this is a high-performing investment or a base for a city worker. FREEHOLD building close to Auckland Uni and the Downtown waterfront. Well-managed, problem-free building.

Conveniently located in the CBD surrounded by the University and Law Court District. A short stroll down the hill to the trendy Britomart and the Downtown waterfront. Public transport of buses, trains, and ferries are all in close reach. The nearby Countdown Supermarket open 24/7 for your convenience.

Key Features:
• Stratum in freehold - 1 Bedroom 1 Bathroom Apartment
• The total floor area of 18m2 more or less
• CV: $195,000
• Rates: $1,175.92 per annum
• Body Corp Levy: $3,906.72 per annum (Levy Period 1 July 2024 to 30 June 2025 )

Asking only $179,000

Currently rented at $300 per week as a smart addition to the investment portfolio, or secure an accommodation for the kids while they study. With walking distance to Auckland Uni and AUT City Campus, finding tenants is never going to be a problem. This building is always in high demand.

'The Cambridge' is a character building that doesn't get tired but history, well-managed by a proactive body corporate and the building has been freshly painted and refurbished. Minimum investment for an optimum return! You won't beat this one for value. Act quickly to avoid disappointment. Contact May Ma at 021 821 600 or Mark Li at 021 330 678.

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 1.4km
  • Parnell School Full primary Years 1-8 State 1.7km
  • Freemans Bay School Primary Years 1-6 State 1.8km
  • ACG Parnell College Composite Years 1-15 Private 2.0km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 2.5km

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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