5e/8 Scotia Pl

Auckland Central Auckland

House

Currently for sale - view listing

Overview

Freehold 11% Net At List Price!

A park-side sanctuary for the savvy cash buyer. Forget the low-yield "safe" bets. This is a high-performance, freehold asset tucked away in a quiet lane with Myers Park as your backyard. At the list price, this 1 bedroom, 1 bathroom, West Facing 28m² (approx.) Delivering a massive 11% net return-a figure almost impossible to find elsewhere in the CBD. The Investor Advantage • High Yield: A genuine 11% net return at list price. • $425 PER WEEK! • Priced specifically for cash-only buyers due to known building maintenance requirements. • Capital Gains: Secure this now well below market value and reap the rewards. • Freehold Title: No leasehold brain-aches here. The "Walkable" Lifestyle • University Hub: Steps from UoA and AUT-the ultimate high-occupancy rental or student crash pad. • Prime Transit: Minutes to Queen Street, Aotea Square, and major bus routes. • Nature at the Door: Rare, unobstructed views of Myers Park. Our owner has moved on and is highly motivated to sell. This is strictly for those who understand the value of buying into a building with "upside" potential. This must be sold. Note: Cash buyers only. Areas and measurements are approximate. Buyers should conduct their own due diligence. Call Marcus now 021 43 55 16