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Back 110/8 Ronayne Street
Off Market

110/8 Ronayne Street

Auckland Central Auckland

3
2
53 m²
Apartment
Last sold for $135,000
Ryan BridgmanRyan Bridgman, last sold this property on 11 September 2024 after 22 days on market.

Overview

Investor alert, investor alert!!!!!

If you have been searching for an investment that absolutely PRINTS money, then you have come to the right place! Huge double digit returns on offer here for the lucky last man standing. This oversized THREE bedroom apartment in The Landings has a rental appraisal of a whopping $700-750 per week! Best of all, the outgoings are undoubtedly reasonable with ground rent, body corporate and rates totalling circa $14,000. This could leave you with a surplus of over $20,000 per year after paying your expenses! What level of net return do you demand? 12%? 15%? More?? Come along to the auction and name your price as our vendor has provided clear instructions to sell this property on the day. Alternatively it could be the perfect city pad for you or your kids while attending nearby universities. Perfectly located only moments away from the heart of the city, Parnell, Britomart and the waterfront. The Landings is a resort style complex offering facilities that include a full size tennis court, gym, sauna and a 25m heated indoor pool (all looked after by an onsite building manager). There's everything you need here to keep you healthy, happy and safe. The Landings are THE perfect example of why to buy Leasehold property in Auckland. With a purchase price likely to be less than a deposit for a similar freehold offering, you can tell the bank they're no longer needed! Unit 110 is superbly spacious with three double bedrooms, full sized kitchen, two bathrooms and as an added bonus opens out onto a private courtyard for extra outdoor living. Currently vacant - options abound and viewing can be arranged around your schedule. Contact Ryan for a comprehensive information pack and to arrange viewing.

Features

3 bedrooms
2 bathrooms
53 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Auckland Central over the last 12 months, the estimated median property value of 110/8 Ronayne Street is $750k.

Median value
$750k
Estimated value range
$32k - $2.75m
Median days on market
61
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Auckland Central. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 110/8 Ronayne Street

2024
Sold
$135,000
11 Sep 2024 by Ryan Bridgman, of Ray White Auckland Central (A T Realty Group)

Happy sellers in Auckland Central

64%
64% of sellers in Auckland Central reported that their sale price either exceeded or met their price expectations.

Auckland Central stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 174 reviews in Auckland Central over the last 12 months.

Local market activity for 3 bedroom apartments in Auckland Central

In the last 12 months, 27 three-bedroom apartments similar to 110/8 Ronayne Street, have been sold.

This represents a 29% increase in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Auckland Central

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Selina Zheng

Sellers who recommend Selina Zheng have praised them for being local expert, clear communication, responsive, dedicated, well-prepared, patient and supportive

  •   5   (127 reviews)
  •  34 Reviews in Auckland Central
  •  81 Sales in Auckland Central
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Habeeb Urrahman

Sellers who recommend Habeeb Urrahman have praised them for being local expert, clear communication, hard-working, reliable, dedicated, supportive and responsive

  •   5   (114 reviews)
  •  16 Reviews in Auckland Central
  •  30 Sales in Auckland Central
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Dominic Worthington

Dominic Worthington is an award winning recommended agent for Auckland Central.  They have 12 local sales and collected 19 local reviews across the last 12 months.

  •   5   (138 reviews)
  •  19 Reviews in Auckland Central
  •  12 Sales in Auckland Central
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Sharene Temple

Sellers who recommend Sharene Temple have praised them for being local expert, clear communication, supportive, responsive, hard-working, empathetic and great negotiation

  •   5   (59 reviews)
  •  16 Reviews in Auckland Central
  •  10 Sales in Auckland Central
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