BEAT TERM DEPOSIT RATES WITH CAPITAL GROWTH ASSURED

Listing Number:  1278
Posting Date:  11 November 2008






 
Price:$79,500
Listing:BEAT TERM DEPOSIT RATES WITH CAPITAL GROWTH ASSURED
Type:Apartment
Category:Private Sale
Bedrooms:None
Bathrooms:1
Region:Auckland
Site Area:19 m2
Address: Login
Building Area:367 m2
Property Image

Description:

Better than a Term Deposit with a 9% Net Yield plus tax benefits plus assured capital growth in NZ's largest metropolitan area!

Cash Buyers/ Line of Credit purchasers only need apply

Tenants are literally everywhere I've never had a vacant apartment in 18 months.

New Westpac Head quarters just down the road brings over 650 new jobs into the the area ensuring further long term tenant demand.

Fantastic Character building in an emergingly trendy part of the city on Lower Anzac ave known as"The cambridge" building.

This is a small Freehold "shoebox" studio apartment which is 19sqms large. There will never be any more like this made due to new council regulations so these little ones will be like gold as they will always represent the most affordable accommodation in the CBD, and thus attract a large buyer/tenant pool.

Furnished to a comfortable standard this Top Floor apartment even has a peek of the harbour.

Be quick for this one. This is the best value $79,500 you'll ever spend.

Details

Rent $220pw (14.38% Gross Return)

Outgoings:

Body Corporate Fees;
$3478.80 pa (Includes all Insurance, Power, Water, maintenance etc)

Auckland City Rates
$750pa

Auckland regional Council Rates $48.38

Phone or txt Paul on 021 799 260


Additional Documents:

Click to Download
Description: 2007 Body Corporate Minutes
File Size: 42 Kilobytes
Click to Download
Description: 2008 Body Corporate Minutes
File Size: 82 Kilobytes
Click to Download
Description: Tenancy Agreement
File Size: 515 Kilobytes