706/149 Nelson Street

Auckland Central Auckland

41 m²

Apartment

Currently for sale - view listing

Overview

Price Dropped to $295k! Freehold & Bank-Friendly

Blink and you'll miss it. The owners have given clear instructions: this must be sold, and the price has just been aggressively slashed to $295,000. Whether you are looking for a rock-solid hands-off investment or an incredibly affordable step onto the property ladder, this bank-friendly, 41m² (approx.) freehold gem offers unmatched value in the heart of the CBD. For the Investors: 8% Gross Yield Currently tenanted at $460 per week with tenants who would love to stay on, this is an immediate cash-flow positive addition to your portfolio. It comes fully furnished, eliminating any setup costs. With low outgoings and high rental demand in this pocket of the city, the math simply works. For First Home Buyers & Owner-Occupiers Why pay rent when mortgage repayments at this price point could cost you less? It can be purchased with vacant possession, allowing you to move straight in and enjoy a low-maintenance, central lifestyle. The Location & Perks: Freehold Title: Absolute peace of mind. Bank-Friendly Size: 41m² (approx.) means standard financing is a breeze. The CRL Advantage: Less than a 5-minute walk to the upcoming Karangahape Station (Beresford Street entrance)-enjoy an immediate connectivity boost. Premium School Zones: In-zone for Freemans Bay School (Primary), Ponsonby Intermediate, and Auckland Girls' Grammar School. Note: The property is currently tenanted, and viewings are strictly limited. Ignore the current presentation and look straight at the numbers-at $295k, this is one of the Best Buy's in the CBD. Opportunities at this price point do not sit around. Contact us today for an information pack or to secure your private viewing time before it's gone.