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CITY STUDIO - RISK AND REWARD

Aucklander1

Offers Over $70,000

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Property Info

Immediate High Return- Tenant In Place - Motivated Vendor!

Address

25 Rutland Street
Auckland City

Annual Return

22%

Immediate High Return - Tenant In Place - Motivated Vendor!

A decent sized, first floor studio apartment nestled in a very quiet position. Freehold Title.

The Aucklander apartments are a magnet to the academic community, located right next door to the Auckland library, Auckland University, AUT and now the City Rail Link in Aotea Square makes this a perfect accommodation solution for a wide range of city dwellers.

A potential new design, double glazing and much more are in planning for "The Aucklander" and will see its value increase considerably. Together with the location, quality neighbouring developments, new city centre infrastructure, its game on at " The Aucklander ".

This is a little pocket rocket for future investment. At this price.., a prudent investor will have one of these working away in the background for a rainy day.

Currently rented at $350 per week - can be vacated for owner occupier.

Note: There are remedial issues in this building that are being strategically remediated in a more affordable timeline, more infomation available on request.

For further information: 
Darin Cobb
Director 021 917 688
darin@cobbproperty.co.nz

Darin  Cobb

Contact Property AgentDarin Cobb

DDI: +64 9 630 9090
MOB: 021 917 688
darin@cobbproperty.co.nz

Any Questions? Drop us a message