Sold

501/8 Mount Street,
Auckland Central, Auckland City

5 bedrooms
2 bathrooms
94m² building size
Apartment

NZD 610,000


Property details

Auction Brought Forward!

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 years guaranteed net rental until 2025 with a right of renewal of renewal for a further 9 years until 2034.

Unit 501 is a 5 Bedroom 2 Bathroom Internal 94sqm (more or less) corner unit. Current rent from AUT is $42,962 + GST per year. All operational costs are met by the AUT, which include any Body Corp fees, Insurance, Land rates, maintenance, marketing for students, advertising etc.

*There is a 5% Property Management fee and $1,108.14 long term maintenance fee per year to the investor

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

Please contact Howard Sidnam 021 973 389 or George Erdos 021 959 331 for further details or arrange a private viewing.

Auction brought forward to 12:00 pm on 20th Oct 2022 in rooms 272 Parnell Road, Parnell

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.61km
  • Freemans Bay School Primary Years 1-6 State 1.3km
  • ACG Parnell College Composite Years 1-15 Private 1.4km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 1.6km
  • Newmarket School Primary Years 1-6 State 1.9km

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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