1208/8 Mount Street, Auckland Central, – Home For Sale • Ray White New Zealand

96m²

Apartment

NZD 677,000

Agents
- Howard Sidnam
  021 973 389
  Licensee Salesperson
- Sharon Lee
  027 443 1368
  Licensee Salesperson
Ray White Parnell: JQ Real Estate Limited Licensed (REAA 2008)

272 Parnell Road, Parnell Auckland City 1052

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Going for Gold - 6%+ Return

The Unicentre represents an outstanding opportunity for the investor looking to purchase an investment similar to a small commercial property with a core tenant (AUT) who provide a 21 year guaranteed net rental until 2025 with a right of renewal for a further 9 years until 2034. Net Yield is well over 5%.

All operational costs are met by the AUT, which include, Body Corp fees, Insurance, Land rates, maintenance, marketing for students, advertising etc.

Apartment #1208 is a sizeable 96sqm (more or less) apartment, comprising 5 bedrooms, 2 bathrooms and light filled living area.

Net rental is $42,968 + GST per annum.

*There is a 5% Property Management fee to the investor.

All purchasers must be registered for GST. We recommend that all interested parties seek
independent professional advice.

** Interior images are of a similar apartment.

Call now to make an appointment to view.

Explore the area

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School catchments

Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.36km
UP International College New Zealand Secondary Years 9-15 Private 0.37km
The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.48km
City 0-10 Composite Years 1-15 Private 0.61km
Galaxy International College Secondary Years 9-15 Private 0.77km
Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.1km
Auckland Girls' Grammar School Secondary Years 9-15 State 1.2km
Freemans Bay School Primary Years 1-6 State 1.3km
Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.3km
ACG Parnell College Composite Years 1-15 Private 1.4km
St Peter's College (Epsom) Secondary Years 7-15 State integrated 1.5km
Crimson Global Academy Secondary Years 9-15 Private 1.5km
Te Uru Karaka Newton Central School Primary Years 1-6 State 1.6km
Auckland Grammar School Secondary Years 9-15 State 1.6km
Newmarket School Primary Years 1-6 State 1.9km
Parnell School Full primary Years 1-8 State 1.9km
St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.9km
Ficino School Full primary Years 1-8 Private 2.1km
Richmond Road School Primary Years 1-6 State 2.4km
Ponsonby Intermediate Intermediate Years 7-8 State 2.5km
Kōwhai Intermediate Intermediate Years 7-8 State 2.5km
St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 2.6km
St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.6km
Epsom Girls Grammar School Secondary Years 9-15 State 2.6km
Mt Eden Normal School Primary Years 1-6 State 2.6km
Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 2.7km
St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.7km
Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 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.

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