$$$ Easy care, hands off investment. Freehold 2 bedroom Auckland CBD Apartment $$

Are you an investor looking for an easy, hands off little investment returning some nice numbers?

Or maybe you’re parent wanting to buy a property for your kids attending Uni?

Well here’s a great buy for you! :

For a purchase price of only $258,000 (or near offer) returns are $22,000 to $26,000* for a slice of Auckland city.

☑️ Fee simple title (Freehold)
☑️ 2 bedroom
☑️ Currently fully rented.
☑️ Desirable location for Uni Students, City employees and those working at Auckland Hospital.
☑️ Easy walk to Queens Street and public transport
☑️ Recently refurbished, neat & tidy.
☑️ No out standing building repairs (to my knowledge). Sound building.
☑️ Selling fully furnished.

There’s a Convenience store on site, a laundry, a large communal lounge area and TV, reception desk and security.

I’ve owned this for a number of years, and now my circumstances have changed and I’m keen to sell!

Offers considered in writing close, around the price as advertised. Visits are only available to serious buyers only, I don’t wish to bother my happy tenants otherwise.

Address is: 15 Whitaker Place, Auckland

*Currently rented to good tenants at $440 per week. It can rent for up to $500 per week.
Tenants commit January to January, year on year.
Body Corp is $484 per month which includes Water heating, Water usage & Insurance.
Rates are conveniently low (great for an investor) at only $904. per year!

Apartment size is 26m2. Banks may want 50% or more cash/equity deposit towards a mortgage on this apartment. Westpac has the current leading. Going through a mortgage broker could be a good option or a second tier lender such as Avanti Finance?

Locality / Area

Auckland University .
Auckland Hospital .
Auckland city .
Easy walking.