Sack your landlord, bring over your spare change, break that fixed deposit! Do what you have to do...
Here's the deal:
Outgoings:
• Ground Rent: $7,381.56
• Operating Cost: $4,894.16
• Council Rates: $1,360.81
Total outgoings: $13,636.53
Incoming:
• Rental Appraisal: $420 per week
Total incoming: $21,840
Result: At $99,000 it is 8%+ nett return.
This is a DEAL waiting for YOU to make it HAPPEN. Being the best kept apartment in the building surely helps with the returns or being move in ready for you.
Live in this Parisian chic, sought after corner apartment and be the envy of your mates. With views to the Sky Tower and a front seat for New Year's fireworks, this 40sqms, plus covered balcony, one bedroom apartment, high up in the skies, is the real deal!
In the popular Q-City with a pleasant north-east facing outlook over the city.
Lavish in the light streaming in through the large windows and onto the private balcony.
Just a short walk to Auckland Uni and AUT, and all the city has to offer. Zoned for Auckland Grammar & Auckland Girls' Grammar.
Get on the property ladder, use it as a city crash pad, or add this one to your rental portfolio, the positive nett cash flow will be just the right 'booster shot' you need in this market.
Vendor's changed circumstances dictate sale.
*Please note this property is Leasehold.
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