MUST SELL! High Yield CBD Investment
Here is a great opportunity to lock in this rare inner-city pad configured over two levels in the popular Q-Central apartments! This well-maintained LEASEHOLD penthouse boasts two generous-sized bedrooms on the upper story and a kitchen and living on the lower, smartly separating the rooms to allow relaxation and functionality.
The apartment is equipped with an open plan kitchen and dining that rolls out onto the north-east facing balcony. The floor-to-ceiling windows ensure good ventilation and brightness in the spacious living. Upstairs both bedrooms have big windows allowing sunshine to pour in, making it a cozy and warm home.
This apartment features:
• Leasehold Title
• Two level penthouse
• 2 decent-sized bedrooms + 1 bathroom
• One secured carpark
• Interior floor size approx. 62sqm PLUS a balcony
• North-east facing
• Current weekly rental income: $430(Apartment) + $50(carpark), $480/pw in total. $24,960/annum. (This rent is way below where it should be due to the Covid 19. The rental income can be expected to be much higher once our border opens to international travelers and students.)
Annual outgoings:
-Ground Rent: $10,273.72/annum
-Operating Expenses: $4659.40/p.a
-Rates: $1,559.50/annum
The Q-Central building sits in a prime location in Auckland's CBD, only a short stroll to Auckland University, Queen Street, grammar schools, Auckland Library, Aotea Square, IMAX theatre. Multiple choices of boutique cafes, restaurants or luxurious stores. It also provides an easy access onto/off the motorway heading in any direction. Incredibly popular with city professionals and students!
Super opportunity here for city dwellers, lock up and leave visitors, students, and investors alike! No more waiting! Call Selina to organize a viewing today!
See property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
Listed Tue, 21 Sep
