Sold
1029/21 Whitaker Place,
Grafton, Auckland City
NZD 136,000
Property details
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Agents
Uni is back - So is your income!
Leased to a professional student accommodation provider, there are no worries about management. Relax and enjoy the monthly direct credit, knowing that your investment will be assisting lots of young people just starting out - it's a win-win situation!
Net annual income to February 2025 - $10,200 - This is all profit after body corporate, rates, management fees, electricity and fixtures and fittings contribution (one less thing to worry about).
Lease terminates 17 May 2026, so options are bound, possibly enter into a new lease or enter into residential tenancy or accommodate your own kids through university.
Andrew Bond 021-879-186 andrew.bond@raywhite.com
Explore the area
School catchments
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.22km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.31km
- UP International College New Zealand Secondary Years 9-15 Private 0.45km
- City 0-10 Composite Years 1-15 Private 0.59km
- Galaxy International College Secondary Years 9-15 Private 1.1km
- Auckland Girls' Grammar School Secondary Years 9-15 State 1.1km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 1.2km
- ACG Parnell College Composite Years 1-15 Private 1.3km
- Freemans Bay School Primary Years 1-6 State 1.3km
- Auckland Grammar School Secondary Years 9-15 State 1.4km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 1.4km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.4km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.5km
- Newmarket School Primary Years 1-6 State 1.6km
- Crimson Global Academy Secondary Years 9-15 Private 1.7km
- Ficino School Full primary Years 1-8 Private 1.8km
- Parnell School Full primary Years 1-8 State 2.0km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.0km
- Kōwhai Intermediate Intermediate Years 7-8 State 2.3km
- Mt Eden Normal School Primary Years 1-6 State 2.3km
- Richmond Road School Primary Years 1-6 State 2.3km
- Epsom Girls Grammar School Secondary Years 9-15 State 2.4km
- St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 2.4km
- Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 2.5km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 2.5km
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.6km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.6km
- Diocesan School For Girls Composite Years 1-15 Private 2.7km
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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