Invest in Location - Brand New Turn Key Opportunity
3 Burns Avenue, Takapuna, Auckland - From $530,000
Brand new in a high capital growth location - Takapuna
About the Property
An exciting investment opportunity in a prime Central Takapuna location, walking distance to the beach & retail/hospitality precinct. This development of 42 apartments is undertaken by a well known and respected developer.
The nearby Smales Farm area and North Shore Hospital are major employment centres, nicely situated in walking distance. There are extension plans for Smales Farm, which will mean more workers looking for local rental accommodation. The Barry’s Point Road light industrial area continues to be an employment hub, as well as Shore City and other retail developments.
With access to public transport, regular buses to the city (taking just 20 mins), a planned cycleway into the city (due for completion in 2022), three electric vehicles for the use of residents, popular school zone includes Takapuna School, Normal Intermediate and Grammar and Westlake Girls High School, rest assured this property is set to be in high demand with renters.
This development is targeting a Homestar 7 rating which recognises the superior insulation, ventilation and water saving qualities of the design and will have the ability to be warm in the winter and remain cool in the summer heat.
There are a number of 1 and 2 Bedroom apartment options with 1 Bedroom 1 Bath starting from $530,000 and 2 Bed 1 Bath from $780,000 returning a potential 5.8% & 4.6% gross yield respectively. A formal rental appraisal can be provided on request.
For a full information pack including floor plans please get in touch today!
Takapuna beach, restaurants, cafes, top schools, buses and employment hubs
Property Investment Specialist
021 024 69442