WANT A CASHFLOW POSITIVE INVESTMENT IN AUCKLAND?

Listing Number:  2727
Posting Date:  01 April 2016






 
Price:$321,500
Listing:WANT A CASHFLOW POSITIVE INVESTMENT IN AUCKLAND?
Type:Apartment
Category:Assignment
Bedrooms:2
Bathrooms:1
Region:Auckland
Site Area: 
Address: Login
Building Area:37 m2
Property Image

Description:

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PROPERTY DETAILS

Sale price: $321,500 (including Agency Fee)
Gross Yield: 7.3%
Net Yield: 5.9%

Annual Rates: $1,126 p/a
Body Corp Rates: $3,325 p/a
Rental Status: Currently rented at $450 p/w but potential to go higher.
Estate Type: Freehold (Unit Title)
Floor Area: 37m2
Direction Facing – North East with fantastic views over the Harbour

ADDITIONAL INFORMATION

Zest Freehold 2 bedroom apartments are highly sought after and don’t last long. Why? Not just because the Zest Apartment Building at 72 Nelson Street is in great shape with no leaks but because for the capital growth. And the returns are exceptional and due to apartments like this never being built again means no more supply, just increasing demand.

A 400m, 5 minute walk to the new SkyCity Convention Centre which means 3000 new jobs to hit the market across the road, so more capital gains.

And it gets even better similar apartments in the building are getting $470 to $480 so with a little bit of TLC more cashflow.

Apartments in the building are asking above $340,000 so you know this is a bargain

So why wait call me now on 021 216 6176 or email kevin@thepropertyagency.co.nz for more information.

Your next property is just one call away…