712/133 Beach Road

Auckland Central Auckland

19 m²

Apartment

Currently for sale - view listing

Overview

Forget the Bank. Get 3X the Return.

With 5 year term deposit rates hovering around 4.80%, you can get 14.5% (approx.) Net Return on Investment right now with a property that is in a commercial management lease with Unilodge. It's complete hands-free investing, and it's bringing in the cash right now. Here are all the numbers: • 19sqm Studio apartment on the sunny front side of the building • Income: $19,000 + GST / annum • BC Levy (including Ground Rent): $9245.64 incl GST • Rates: $1,363.37 • NET INCOME: $8,393 + GST / annum • NET RETURN: 14.5% on asking price! In a commercial lease until March-2028 this is a sit back, relax and count them paper stacks investing. Viewing by appointment so let us know when you want to view!

Features

1 bedroom

1 bathroom

19 m² floor area

Apartment

Happy sellers in Auckland Central

64%

64% 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 151 reviews in Auckland Central over the last 12 months.

Local market activity for 1 bedroom apartments in Auckland Central

In the last 12 months, 216 one-bedroom apartments similar to 712/133 Beach Road, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

Ron Yang

at Harcourts Property Ventures

(41 reviews)

View listing

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