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Listing Description
Listed: Mon, 23 Sep
Dual Key Cash Cow - Uni Precinct
1401/8 Airedale Street, City Centre, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property type | Apartment |
| Agency reference | 896343 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149677041&sellerId=0 |
Description
What a superb investment opportunity! Take advantage of this dual key layout in a great central location in Auckland's CBD giving you the chance to earn two rental incomes per week by purchasing this property in the sought-after Queens Residences building!
This fabulous apartment features:
- Stratum in Freehold title
- Built in 2016, under the latest building code and regulation
- Two separate one-bedroom studio apartments (Unit 1401A & Unit 1401B) under one title, meaning you will enjoy the benefits of having DOUBLE rental incomes but only pay one Body Corp levy and one Council Rates
- Total floor size of approx. 70sqm including a North-east facing 8sqm balcony
- Modern kitchen with good-quality appliances
- High up on 14th level, with stunning sea and city views
- Current weekly rental income of $840/pw in total (each unit at $420/pw)
- Super high rental demand! Rental Appraisal at $900-$920/pw
- Prime Location, Opposite AUT, and close to Auckland Uni, AGS Zone
Reasonable annual outgoings:
- Body levy: $5,347.08/p.a (including insurance and building maintenance)
- City Council Rates: $3,075.79/p.a
The lovely city pad is in a fully functional facility with a meeting lounge, GYM, steam room and swimming pool on the ground floor and triple entrances on Airedale Street, Queen St, and Wakefield Street for your convenience. A neat unit and low body corp certainly place this unit into the 'low maintenance' bracket.
In zone for great schools including Auckland Grammar, moments from public transport, Auckland University and AUT. With internal access to a food court and walking distance to Aotea Square & the Event Cinemas and all other convenient entertainment facilities, this is perfect for both city professionals, students, and discerning investors!
This low maintenance, high return option is sure to impress! An ideal opportunity to buy as an investment or live in one and rent another one out. It won't last long, contact Selina now for more information and private viewings!
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Local Schools
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