Sold
1,2 & 3/39 Simkin Avenue,
St Johns, Auckland City
NZD 130,000
Property details
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Agents
Ray White Remuera: Megan Jaffe Real Estate Ltd Licensed (REAA 2008)
411 Remuera Road, Remuera Auckland City 1050
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URGENT SALE REQUIRED - PRESENT ALL OFFERS
If you want to line your pockets then look no further.
In the heart of St Johns this 3 unit leasehold property is a wonderful investment with an annual gross return of over $64,000 with all 3 units rented. If you minus off the $15,600 ground rent (a 21 year lease from September 2006 renewable in September 2027) and the ACC rates, you are left with a healthy return.
Units 1 and 2 both have two bedrooms with long term tenants who are happy to stay - only the 3 bedroom Unit is at present up for grabs. Requiring a refurbishment there is scope to upgrade and increase your return or simply move in and enjoy an easy care lifestyle and elevated views.
The brick and metal weatherboard units each with a carport share the large site of 688sqm, plenty of room for the children to play.
If location is paramount then make a note to view this opportunity with shops, parks and transport all within walking distance and the bonus of being in zone for both St Thomas and Stonefields School and Selwyn College.
All conjuncting Agents welcome. For a viewing appointment call Suzie Cox on 027 2783 269
In the heart of St Johns this 3 unit leasehold property is a wonderful investment with an annual gross return of over $64,000 with all 3 units rented. If you minus off the $15,600 ground rent (a 21 year lease from September 2006 renewable in September 2027) and the ACC rates, you are left with a healthy return.
Units 1 and 2 both have two bedrooms with long term tenants who are happy to stay - only the 3 bedroom Unit is at present up for grabs. Requiring a refurbishment there is scope to upgrade and increase your return or simply move in and enjoy an easy care lifestyle and elevated views.
The brick and metal weatherboard units each with a carport share the large site of 688sqm, plenty of room for the children to play.
If location is paramount then make a note to view this opportunity with shops, parks and transport all within walking distance and the bonus of being in zone for both St Thomas and Stonefields School and Selwyn College.
All conjuncting Agents welcome. For a viewing appointment call Suzie Cox on 027 2783 269
Explore the area
School catchments
- St Pius X Catholic School (Glen Innes) Full primary Years 1-8 State integrated 0.99km
- Glen Innes School Full primary Years 1-8 State 1.2km
- St Thomas School (Auckland) Full primary Years 1-8 State 1.4km
- TKKM o Puau Te Moananui-a-Kiwa Composite Years 1-15 State 1.4km
- Selwyn College Secondary Years 9-15 State 1.5km
- Stonefields School Full primary Years 1-8 State 1.5km
- Mt Carmel School (Meadowbank) Primary Years 1-6 State integrated 1.7km
- Glen Taylor School Full primary Years 1-8 State 1.9km
- Ruapotaka School Full primary Years 1-8 State 2.1km
- Tamaki College Secondary Years 9-15 State 2.1km
- Meadowbank School Primary Years 1-6 State 2.2km
- Pt England School Full primary Years 1-8 State 2.2km
- Glenbrae Primary School Full primary Years 1-8 State 2.3km
- Kohimarama School Full primary Years 1-8 State 2.3km
- St Heliers School Full primary Years 1-8 State 2.4km
- St Joseph's School (Orakei) Primary Years 1-6 State integrated 2.5km
- Stanhope Road School Full primary Years 1-8 State 2.5km
- Glendowie College Secondary Years 9-15 State 2.5km
- Sacred Heart College (Auckland) Secondary Years 7-15 State integrated 2.6km
- A1 Student School Composite Years 1-15 Private 2.6km
- Auckland Montessori College Secondary Years 7-15 Private 2.8km
- Atea College Composite Years 1-15 Private 3.0km
- Michael Park School Composite Years 1-15 State integrated 3.3km
- Baradene College Secondary Years 7-15 State integrated 4.0km
- One Tree Hill College Secondary Years 9-15 State 4.5km
- Saint Kentigern College Secondary Years 7-15 Private 4.7km
- Dilworth School Composite Years 1-15 Private 5.7km
- Pakūranga College Secondary Years 9-15 State 5.7km
- Diocesan School For Girls Composite Years 1-15 Private 5.8km
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 Suzie Cox
Contact Suzie Cox
Suzie Cox
1,2 & 3/39 Simkin Avenue, St Johns 1050
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Suzie Cox
1,2 & 3/39 Simkin Avenue, St Johns 1050