4 STAR HOTEL APARTMENT OUT OF THE POOL

Listing Number:  2730
Posting Date:  11 April 2016






 
Price:$401,500
Listing:4 STAR HOTEL APARTMENT OUT OF THE POOL
Type:Apartment
Category:Assignment
Bedrooms:1
Bathrooms:1
Region:Auckland
Site Area: 
Address: Login
Building Area:36 m2
Property Image

Description:

Thou shalt not seek further - Capital Gains are here

4 Star Hotel Apartment out of the pool

MORE IMAGES -
https://goo.gl/photos/ACgukFVV5YwyTxxFA

PROPERTY DETAILS

Sale price: $401,500 (including Agency Fee)
Gross Yield: 6%
Rent: $450

Annual Rates: $1,233 p/a
Body Corp Rates: $4,402 p/a
Rental Status: Vacant
Estate Type: Freehold (Unit Title)
Floor Area: 36m2
Direction Facing – South East with fantastic views of the city lights and Rangitoto.

ADDITIONAL INFORMATION

The Quadrant Hotel at 10 Waterloo Quadrant is a top quality building with no leaky issues. Best of all it’s in the safest part of town with a park and our central business hub – Shortland Street 400m away.

Talk about location…..No wanderers around here. So what about your neighbours. Try The Connaught to the left, The Crescent, Pullman and The Statesman to name a few and apartments near by selling off the plans for thousands & thousands more. The future looks very very bright.

With this Quadrant apartment how can there not be capital gain. You see the securest, sought after, sure to rise in value property is always in the best areas; and the Quadrant apartments is certainly that, it’s the Remuera or Herne Bay of the Auckland CBD if you will.

So to cover the basics, yes The Quadrant apartments are FREEHOLD and the building is in great shape and the silver lining is the hotel lease ends in May 2016.

Still not convinced about the price, Have a look at this listing on TradeMe 1323/10 Waterloo Quadrant (http://www.trademe.co.nz/property/residential-property-for-sale/auction-1063754249.htm)

Asking price $429,000. And our apartment is in the 20th floor AND almost 30K below market price.

It’s your chance to own a freehold out of the pool apartment while enjoying all the benefits.

If you’re the brave-hearted we can even discuss an Airbnb strategy.

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…