10F/8 Scotia Place

Auckland Central Auckland

30 m²

Apartment

Currently for sale - view listing

Overview

Massive Net Return

This parkside apartment is earning big bucks with low overheads!! Great value for the savvy investor who is looking to make capital gains! Superbly located on the eastern fringe of Myers park, right in the heart of the CBD. The complex is a moments walk from the high-end shops Queen Street, K Road & the various universities. All public transport options available with motorway access not far. World class bars and restaurants further in downtown and the viaduct. The apartment is a one-bedroom suite located on the tenth floor on the quiet side of the complex overlooking leafy Myers Park, this is the perfect crash pad or excellent opportunity for the astute investor. Stylish main living area comprising a lounge and kitchen with ranch slider access out to the west facing deck, perfect for the afternoon sun! Master bedroom located adjacent to the lounge with well appointed ensuite. The amazing views from the deck extend out over the park to the west with beautiful views of the inner harbour and out to the Waitakere Ranges. Currently tenanted and raking in the cash. Superb return on investment, cashflow positive. This part of town is never short of tenants. Secure carpark located below, probably worth more than half of the asking price in this part of town! With remedial issues identified and having been managed without any large invoices, this is an excellent opportunity to add value and secure your place on the developing Auckland City skyline for less. Positive cash flow will help you save towards this quickly One of the best positions in the building, and with a carpark to boot. Will not last long at this price, its cheap as chips!