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Back 5A/47 St Paul Street
Off Market

5A/47 St Paul Street

Auckland Central Auckland

12
3
1
160 m²
Apartment
Dusan ValentaDusan Valenta, last sold this property on 24 September 2026 after 14 days on market.

Overview

Cash Cow in the heart of AUT University precinct

At a $769,000 asking price, this asset delivers a massive 14.58% net yield (self-managed) or 12.82% net yield (fully managed) Gross Rental Income: $151,144 (Outstanding 19.65% Gross Return) the figure after property management fees is $137,630. The below figures break down the self-manage scenario so you can do the numbers. Total Operating Expenses: $39,031 (Includes actual Body Corp fees, rates, power, internet, and cleaning) Net Annual Cash Surplus: $112,113 Monthly Net Cash Flow: $9,342+ straight into your bank account. Why This Cash-Flow Engine Beats Everything Else on the Market: Elite Net Returns: A true 14.58% net yield is nearly impossible to find in Auckland Central, especially backed by physical land value. Turnkey Going Concern: Zero ramp-up time or construction delays-the operational setup, cleaning systems, and core utilities arealready in place. Built-In High Demand: Situated right in the high-density AUT University precinct near Queen Street, guaranteeing constant rental pools of students, workers, and travellers. Untapped Revenue Upside: Boost your monthly cash flow even further by adjusting room rates. This is the ultimate defensive, high-yielding asset for smart investors who value immediate monthly profits over speculation. One secure covered car park is a icing on the cake. Contact Dusan now to request the full information pack and arrange a private viewing before it is snapped up.

Features

12 bedrooms
3 bathrooms
1 carspace
1 garage space
160 m² floor area
Apartment

Estimated Value

We need at least 3 similar 12 bedroom apartments sold in Auckland Central over the last 12 months.

Property history for 5A/47 St Paul Street

2026
Sold
Undisclosed
24 Sep 2026 by Dusan Valenta, of Ray White Auckland Central (A T Realty Group)
2011
Sold
Undisclosed
21 Mar 2011 by Phil Horrobin, of Ray White Auckland Central (A T Realty Group)

Happy sellers in Auckland Central

59%
59% 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 146 reviews in Auckland Central over the last 12 months.

Local market activity for 12 bedroom apartments in Auckland Central

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