20 /145 Quay St
Auckland Central
Auckland
New Zealand
1010

MLS#: 502610

$340,000 to $350,000

Type
Apartment
Bedrooms
1
Bathrooms
1
Home/Lot size
56m²
The details

Property features

Date Updated: Apr 20, 2024

Area

Property size
56m²
Bedrooms
1
Bathrooms
1

Description

Apartment in Downtown Auckland
Princess Wharf Serviced Apartments - Auckland Central;
Great location close to the University; next door to Queens Wharf where you can catch a ferry to Devonport or Waiheke; it is just a short walk to Vector Arena or Britomart Station; many fantastic restaurants, cafes, and excellent shopping nearby.
Top investment for rental or as your own apartment in a great city location.
Each apartment earns on average $5-10K +/mth when operated on short-term bookings, so take advantage of this outstanding income potential: 60-70+/year, "I can prove I had some years with a ROI greater than 30%" the current owner said.
Net profit ROI (Return On Investment) is between 5% and 20+%.
One with a 50-year lease ($16K outgoings) and the second with a 99-year lease ($23K outgoings).
Government valuation: $ 490,000
Well looked after complex with onsite building management and secure access.
"Please be aware that this information has been supplied by the vendor and/or sourced from Property Guru, Property Smarts, Land Information NZ, Local Councils, and other organisations. Century21 Aurora Real Estate passing over this information as supplied to us. We cannot guarantee its accuracy or reliability."
Discuss more information Simply email us, or call Ria Leung directly on 0212797271.

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Location

20 /145 Quay St
Auckland Central
Auckland
New Zealand