Sold
1205/8 Mount Street,
Grafton, Auckland City
NZD 305,000
Property details
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Agents
Ray White Mairangi Bay: CR Marketing North Shore Limited Licensed (REAA 2008)
425 Beach Road, Mairangi Bay North Shore City 0630
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A BARGAIN AT THE TOP OF THE MOUNT
With an incredible location in the heart of the city, our overseas vendors have owned this unit for 15 years and is now surplus to requirements, this property MUST BE SOLD!
This is your chance to take over their remarkable investment property at 12E/8 Mount Street, with the opportunity for capital gain. Don't walk, run, as this property will be snapped up quickly!
The building has a reliable core tenant (UniLodge), ensuring you receive a rental income that extends until 2028 as well as a Body Corporate to look after your investment.
With great views, spacious rooms and spanning approximately 102sqm internally, the unit comes with a complete list of chattels including fittings and furnishings, even cutlery, leaving little to worry about.
Based on an average rent of $365 per room x45 weeks of occupancy in 1 year, UniLodge could pay up to a generous gross rental of approximately $82,125.00 per year. (This may vary with higher occupancy or lower occupancy over the semesters and financial/technical advice is advised, income is based on UniLodge's ability to rent all the bedrooms and is not a fixed income).
Exclusive to investors only, purchasers need to be GST registered - diversify your portfolio and reap the rewards.
There will be a nominal 3% property management fee, alongside the ownership costs for maintenance of approx. $1,000 per year plus rates (This may also vary and financial/technical advice is advised). These fees contribute to the seamless operation and upkeep of the complex and your unit.
The Body Corporate levies payable for the unit for the current financial year is $25,290.76. (This comprises of $23,364.76 Regular Levy and $1,926.00 Contingency
Levy).
Purchase price will be + GST if any - Contact us now to register your interest, we are just as excited as you are!
This is your chance to take over their remarkable investment property at 12E/8 Mount Street, with the opportunity for capital gain. Don't walk, run, as this property will be snapped up quickly!
The building has a reliable core tenant (UniLodge), ensuring you receive a rental income that extends until 2028 as well as a Body Corporate to look after your investment.
With great views, spacious rooms and spanning approximately 102sqm internally, the unit comes with a complete list of chattels including fittings and furnishings, even cutlery, leaving little to worry about.
Based on an average rent of $365 per room x45 weeks of occupancy in 1 year, UniLodge could pay up to a generous gross rental of approximately $82,125.00 per year. (This may vary with higher occupancy or lower occupancy over the semesters and financial/technical advice is advised, income is based on UniLodge's ability to rent all the bedrooms and is not a fixed income).
Exclusive to investors only, purchasers need to be GST registered - diversify your portfolio and reap the rewards.
There will be a nominal 3% property management fee, alongside the ownership costs for maintenance of approx. $1,000 per year plus rates (This may also vary and financial/technical advice is advised). These fees contribute to the seamless operation and upkeep of the complex and your unit.
The Body Corporate levies payable for the unit for the current financial year is $25,290.76. (This comprises of $23,364.76 Regular Levy and $1,926.00 Contingency
Levy).
Purchase price will be + GST if any - Contact us now to register your interest, we are just as excited as you are!
Explore the area
School catchments
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.36km
- UP International College New Zealand Secondary Years 9-15 Private 0.40km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.48km
- City 0-10 Composite Years 1-15 Private 0.64km
- Galaxy International College Secondary Years 9-15 Private 0.79km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.2km
- 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 1.4km
- 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
- Kōwhai Intermediate Intermediate Years 7-8 State 2.5km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.5km
- 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
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 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 2.8km
- 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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Contact Sam Atia
Contact Sam Atia
Sam Atia
1205/8 Mount Street, Grafton 1010
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Sam Atia
1205/8 Mount Street, Grafton 1010