Newly Refurbished & High Yield CBD Investment

Call for investors, young couple, and University students! If you are thinking of having a home free of paying to your landlords or thinking of having a net 8% (approx.) yield right in the CBD area with a short stroll to Auckland University, AUT and shops, this affordable apartment must be your best choice! This newly refurbished one bedroom apartment high up on 6th floor, 40sqm plus a well-sized balcony. Located just off Queen St, zoned for Auckland Grammar School & Auckland Girl's Grammar School.

PLEASE NOTE: THIS IS A LEASEHOLD APARTMENT

This fabulous leasehold city pad features:

• One generous-sized bedroom and a bathroom
• 40sqm internal size plus a north-west facing balcony (approx. 4.4sqm), with cityscape and Sky Tower views
• Newly renovated apartment with new painting & new carpet
• Vacant for you to move in or rent out

Reasonable annual outgoings make this a great investment option:

• Ground Rent: $6,756/p.a (Lease expired on 30 Dec 2086)
• Operating Levy: $4,809.80/p.a
• Auckland Council Rates: $1,170.77/p.a

An address to impress discerning investors, a home to satisfy owner-occupiers. This apartment complements all your personal requirements.

Motivated vendor wants to get it sold! Call Selina for more details or to organise a private viewing!

See interactive features and property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.