[SOLD] Perfect Starter in Central Auckland

New North Road, Mt Albert, Auckland - $302,420

Here we have a neat little starter investment offering a 5.7% GY and located in a Prime Central Auckland Location.

If tenant vacancy rates worry you, you certainly have nothing to worry about here - the last time this property was let the vendors were inundated with written applications !


Highlights:

Property Features: 1br Unit

  • Price: $302,420
  • Gross Yield: 5.7%
  • Capital Value: $230,000
  • Rental Status: Currently tenanted at $310 p/w
  • Rent Appraisal: $325 - $335 p/w
    Written Appraisal available to potential purchasers.
  • Annual Rates: $1,093
  • Floor Area: 30m2
  • Annual Body Corporate Fee: $2,478

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Additional Information

On offer is a 1 double bedroom Unit in a highly desirable area of Auckland city. The solid block constructed unit is situated on the second story of the building and consists of an open plan kitchen and lounge which leads out a ranch slider onto an inviting private decking area. There is one bathroom (shower, vanity, toilet) off the bedroom and a separate laundry area. There is entitlement to one car park located at the rear of the property.

Over the previous 2 years the unit has been fully re-painted on the interior; new bathroom cabinet, vanity and mirror installed; new roller blinds, light fittings and extra storage installed.

The unit has been insulated and it comes equipped with: Fridge, washing machine and external lockable storage cupboard.

This area of Auckland attracts many young professionals, the unit itself is in a 'village' style complex with a community feel and is popular with couples and singles.

If you are already sitting upon equity and would like a good addition to your portfolio then this an excellent opportunity in a prime growth area.

The vendor has asked us not to make public the address of the property, please contact me directly for more information.

Amenities

Conveniently located 10 minute walk from St Lukes - Westfields Shopping Mall

7 minute walk from Morningside Train station, bus stop within metres and handy to the motorway.

Close proximity to popular 'Kingsland' cafes and restaurants.

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

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Agent Contact Details

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

I used Maxine to buy an apartment while overseas, she was very quick to reply to all my questions. Working with her made the whole process go a lot smoother. She understands the struggles of buying Property while overseas so she helped me out in anyway she could. I would highly recommend her.

Moemen Elbeltagi

Maxine persevered with us investigating many properties in a very challenging market, before completing a successful purchase.

We were very pleased with her determination to find the right deal for us, in particular as we are out of NZ, and need to rely heavily on local knowledge and advice.

John & Penny

It has been a pleasure to work with Maxine on this purchase. I found her to be personable, responsive, intelligent & experienced, very helpful and available.