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312/3 Kaipiho Lane

Albany Auckland

1
1
Apartment
Currently for sale - view listing

Overview

High Yield Investment Opportunity - Central Albany

Immediate Cash Flow – Professional Tenant in Place – Prime OKLA Complex Skip the marketing uncertainty and step straight into a high-performing asset. This designer apartment in the prestigious O.K.L.A. development is already tenanted at $610 per week, offering a solid 3.83% Net Yield or even higher (after management, rates, and body corp). With a vendor committed to selling, this is a "plug-and-play" addition to your portfolio in a location that guarantees near-zero vacancy. The Investment Fundamentals: - Proven Returns: Currently returning $31,720 gross per annum. - Net Yield: A transparent 3.83% net return (calculated at $600k asking price). - Low Maintenance: Modern construction by Haydn & Rollett means no looming renovation costs or healthy homes compliance worries. - High Occupancy Zone: Located within walking distance to Massey University, Albany Busway, and major retail hubs, ensuring a constant stream of high-quality professional and student tenants. The Property: Unit 312/3 Designed by Ignite Architects, this 59m² + 9m² balcony apartment is the gold standard for inner-city Albany living. - Flexible Layout: One spacious bedroom + a study large enough to function as a second bedroom, maximizing rental appeal. - Modern Specs: Double-height lobby, floor-to-ceiling windows for natural light, and high-end finishes throughout. - Parking Solutions: Convenient options available via on-site rental or the adjacent Wilson parking. Location: The Engine Room of the North Shore Investors know that location drives capital growth. This property sits in the heart of Albany’s retail and education hub: - Transport: 5-minute walk to the Albany Busway Station. - Education: Zoned for Pinehurst and Kristin; walking distance to Massey University. - Retail: Mere minutes from Westfield Albany, Asian supermarkets, and QBE Stadium. The vendor's instructions are clear: SELL. Secure a modern, high-yielding asset in Auckland’s most convenient growth hub today.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Albany

82%
82% of sellers in Albany reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 92 reviews in Albany over the last 12 months.

Local market activity for 1 bedroom apartments in Albany

In the last 12 months, 17 one-bedroom apartments similar to 312/3 Kaipiho Lane, have been sold.

This represents a 112% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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