Sold
221/9 Kaipiho Lane,
Albany, North Shore City
Price withheld
Property details
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Agents
Ray White Mt Roskill: MKRE Limited Licensed (REAA 2008)
956 Dominion Road, Mt Roskill Auckland City 1041
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Urgent Auction! Hands off investment
Ramada Hotel in Albany is a luxurious low-rise hotel building, Newly built, conveniently located in the heart of Albany, surrounded by popular cafes, restaurants, bars, and retail and business centres.
Key Features:
• Stratum in freehold - 1 bedroom apartment with a secure car park
• Large bathroom with laundry facilities included
• Total floor area of approx. 34m2 more or less
• CV: $385,000
• Rates: $3,097.55 per annum
• Body Corp Levy: $2,595.06 per annum (Levy Period 16th May 2025 to 15th May 2026)
• Managed by Ramada Albany Hotel on a long-term lease and returns
• Generating a monthly return of approx. $1,646.26 is paid directly into your bank account on a monthly basis
• Lease term of 30 years (15+5+5+5) with Ramada Albany from 2017, buying it for long-term stability and profitability
• 10 days free use per annum for owners, you can earn cash income and enjoy the free stay at the same time!
Auction on 28 Aug 2025 at 12:30 PM (unless sold prior) at L3/246 Queen Street, Auckland Central. The vendor is welcoming pre-auction offers!
Close to Albany bus station, motorway access, North Harbour Stadium, Albany Tennis Park and numerous walking trails and bush reserves. Walking distance to AUT Millennium, Massey University & Westfield Albany. It offers both convenience and potential for growth.
This is a great opportunity for investment. The highly motivated vendor is eager to sell.
Now is the right time to secure a smart investment. Contact May Ma at 021 821 600 or Mark Li at 021 330 678 to make a deal!
**Photos are of a similar unit in the building, furniture will differ from photos.**
For more information, please visit: https://rwmtroskill.co.nz/MRK31382
Key Features:
• Stratum in freehold - 1 bedroom apartment with a secure car park
• Large bathroom with laundry facilities included
• Total floor area of approx. 34m2 more or less
• CV: $385,000
• Rates: $3,097.55 per annum
• Body Corp Levy: $2,595.06 per annum (Levy Period 16th May 2025 to 15th May 2026)
• Managed by Ramada Albany Hotel on a long-term lease and returns
• Generating a monthly return of approx. $1,646.26 is paid directly into your bank account on a monthly basis
• Lease term of 30 years (15+5+5+5) with Ramada Albany from 2017, buying it for long-term stability and profitability
• 10 days free use per annum for owners, you can earn cash income and enjoy the free stay at the same time!
Auction on 28 Aug 2025 at 12:30 PM (unless sold prior) at L3/246 Queen Street, Auckland Central. The vendor is welcoming pre-auction offers!
Close to Albany bus station, motorway access, North Harbour Stadium, Albany Tennis Park and numerous walking trails and bush reserves. Walking distance to AUT Millennium, Massey University & Westfield Albany. It offers both convenience and potential for growth.
This is a great opportunity for investment. The highly motivated vendor is eager to sell.
Now is the right time to secure a smart investment. Contact May Ma at 021 821 600 or Mark Li at 021 330 678 to make a deal!
**Photos are of a similar unit in the building, furniture will differ from photos.**
For more information, please visit: https://rwmtroskill.co.nz/MRK31382
Explore the area
School catchments
- Oteha Valley School Primary Years 1-6 State 0.76km
- Pinehill School (Browns Bay) Primary Years 1-6 State 0.89km
- City Impact Church School Composite Years 1-15 Private 1.1km
- Northcross Intermediate Intermediate Years 7-8 State 1.4km
- Albany Senior High School Secondary Years 11-15 State 1.7km
- Sherwood School (Auckland) Primary Years 1-6 State 1.9km
- Pinehurst School Composite Years 1-15 Private 2.1km
- Albany School Primary Years 1-6 State 2.5km
- Rangitoto College Secondary Years 9-15 State 2.9km
- Glamorgan School Primary Years 1-6 State 3.0km
- Kristin School Composite Years 1-15 Private 3.0km
- Browns Bay School Primary Years 1-6 State 3.0km
- TKKM o Te Raki Paewhenua Composite Years 1-15 State 3.1km
- Murrays Bay Intermediate Intermediate Years 7-8 State 3.4km
- Murrays Bay School Primary Years 1-6 State 3.5km
- St John's School (Mairangi Bay) Primary Years 1-6 State integrated 3.5km
- Albany Junior High School Secondary Years 7-10 State 3.6km
- Torbay School Primary Years 1-6 State 3.6km
- Vanguard Military School Secondary Years 9-15 State 3.6km
- Long Bay College Secondary Years 9-15 State 4.1km
- Glenfield College Secondary Years 9-15 State 6.6km
- Westlake Boys High School Secondary Years 9-15 State 7.2km
- Carmel College Secondary Years 7-15 State integrated 7.7km
- Westlake Girls' High School Secondary Years 9-15 State 7.8km
- Birkenhead College Secondary Years 9-15 State 8.8km
- Rosmini College Secondary Years 7-15 State integrated 9.1km
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 May Ma
Contact May Ma
May Ma
221/9 Kaipiho Lane, Albany 0632
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May Ma
221/9 Kaipiho Lane, Albany 0632