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9G/15 City Road

Auckland Central Auckland

1
1
40 m²
House
Currently for sale - view listing

Overview

9.8941176% Net Return on Asking Price!!!

This is LEASEHOLD! We don't want to say 10% and be wrong, but according to our calculations this property is returning right around that number on asking price, and the owner is ready to negotiate! Here are the numbers: - 40sqm approx. - 1-bed, 1-bath - Ground Rent: $8,056.80/annum - Operating Expenses: $5,476.36/annum - Auckland Council Rates: $1,381.24/annum - Rental Income: $400/week - Net Annual Income: $5,887/annum What do you reckon, do you want to make some cash? Make an offer today

Features

1 bedroom
1 bathroom
40 m² floor area
House

Happy sellers in Auckland Central

65%
65% 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 161 reviews in Auckland Central over the last 12 months.

Local market activity for 1 bedroom houses in Auckland Central

In the last 12 months, 7 one-bedroom houses similar to 9G/15 City Road, have been sold.

This represents a 133% decrease in one-bedroom houses sales when compared to the previous 12 months.

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