For sale

303/40 Library Lane,
Albany, North Shore City

2 bedrooms
1 bathroom
1 car space
54m² building size
Unit

Price by negotiation


Property details

Chattels

  • Wall Oven
  • Rangehood
  • Dishwasher
  • Light Fittings
  • Floor Covers
  • Garage Door Opener

Bring Any Offer - Must Be Sold!

BRING ANY OFFER
High-Yield Investment - Fixed-Term Tenant Paying $640 Per Week!

This is a genuine must-sell opportunity in the heart of Albany. The vendor has already purchased elsewhere and is highly motivated to sell.

The apartment is currently tenanted on a fixed-term tenancy, generating $640 per week, making it an ideal investment with immediate rental income from day one.

Located on the 2nd floor, Apartment 303 offers a modern lifestyle with the added convenience of its own carpark and storage locker. Opportunities like this in Albany are becoming increasingly hard to find.

Key Features:

• Strong rental return - currently rented at $640 per week
• Fixed-term tenancy in place - enjoy immediate rental income
• 2 spacious bedrooms and a modern bathroom
• Open-plan living with excellent natural light
• Double glazing throughout
• Underfloor heating in the kitchen and bathroom
• Stylish kitchen with Fisher & Paykel appliances
• Includes 1 allocated carpark and storage locker

Body Corporate Levy
Annual levy currently payable by this unit (1 Aug 2025 - 31 Jul 2026): $4,728

Location Highlights - Everything Albany Has to Offer
Conveniently located just minutes from:
• Albany Mega Centre & Westfield Albany
• Massey University
• Cafés, restaurants, library, Kell Park and local shops
• North Harbour Stadium
• Bus Station and easy motorway access

Whether you're looking to expand your investment portfolio or secure a quality property in a sought-after location, this apartment offers an excellent combination of strong rental income, a quality tenant, and long-term growth potential.

The vendor is motivated and ready to meet the market. Contact us today to arrange a viewing or request the full information pack.

All agents welcome - let's work together to get this SOLD!

Inspections


Explore the area


School catchments

  • Albany School Primary Years 1-6 State 1.3km
  • Pinehurst School Composite Years 1-15 Private 1.6km
  • Pinehill School (Browns Bay) Primary Years 1-6 State 1.9km
  • Kristin School Composite Years 1-15 Private 1.9km
  • Oteha Valley School Primary Years 1-6 State 2.2km

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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