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Back 1205/8 Mount Street
Off Market

1205/8 Mount Street

Grafton Auckland

5
2
102 m²
Unit
Sam AtiaSam Atia, last sold this property on 21 May 2025 after 41 days on market.

Overview

A BARGAIN AT THE TOP OF THE MOUNT

With an incredible location in the heart of the city, our overseas vendors have owned this unit for 15 years and is now surplus to requirements, this property MUST BE SOLD! This is your chance to take over their remarkable investment property at 12E/8 Mount Street, with the opportunity for capital gain. Don't walk, run, as this property will be snapped up quickly! The building has a reliable core tenant (UniLodge), ensuring you receive a rental income that extends until 2028 as well as a Body Corporate to look after your investment. With great views, spacious rooms and spanning approximately 102sqm internally, the unit comes with a complete list of chattels including fittings and furnishings, even cutlery, leaving little to worry about. Based on an average rent of $365 per room x45 weeks of occupancy in 1 year, UniLodge could pay up to a generous gross rental of approximately $82,125.00 per year. (This may vary with higher occupancy or lower occupancy over the semesters and financial/technical advice is advised, income is based on UniLodge's ability to rent all the bedrooms and is not a fixed income). Exclusive to investors only, purchasers need to be GST registered - diversify your portfolio and reap the rewards. There will be a nominal 3% property management fee, alongside the ownership costs for maintenance of approx. $1,000 per year plus rates (This may also vary and financial/technical advice is advised). These fees contribute to the seamless operation and upkeep of the complex and your unit. The Body Corporate levies payable for the unit for the current financial year is $25,290.76. (This comprises of $23,364.76 Regular Levy and $1,926.00 Contingency Levy). Purchase price will be + GST if any - Contact us now to register your interest, we are just as excited as you are!

Features

5 bedrooms
2 bathrooms
102 m² floor area
Unit

Estimated Value

We need at least 3 similar 5 bedroom units sold in Grafton over the last 12 months.

Property history for 1205/8 Mount Street

2025
Sold
Undisclosed
21 May 2025 by Sam Atia, of Ray White Mairangi Bay & Milford

Happy sellers in Grafton

70%
70% of sellers in Grafton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 32 reviews in Grafton over the last 12 months.

Local market activity for 5 bedroom units in Grafton

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Sunny Zhao

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