A smart choice for investors looking for flexibility, strong rental potential, and a highly convenient CBD location. Don’t miss this opportunity to secure a dual-income property in one of Auckland’s most desirable residential buildings, ‘Queens Residence.’
This fabulous apartment features:
• Stratum in Freehold title
• Completed in mid-2016 and built to meet the latest building code standards
• Two separate one-bedroom studio apartments (Unit 712A & Unit 712B) under one title, meaning you will enjoy the benefits on having DOUBLE rental incomes but only pay one Body Corp levy and one Council Rates
• Total floor size of approx. 70sqm, including a West facing 8sqm balcony
• Modern kitchen with good-quality appliances
• Current weekly rental income of $920/pw in total (712A at $470/pw, 712B at $450/pw)
• Rental Appraisal: $920-960/p.w
Annual outgoings:
• BC levy: $4,516.94/p.a
• City council rates: $3,051.55/p.a (2026/2027)
This lovely city apartment is in a complex with a gym, steam room, and swimming pool, plus three convenient entrances from Airedale, Queen, and Wakefield Streets. With affordable body corporate fees, it’s a great low-maintenance option.
In zone for excellent schools including Auckland Grammar, the apartment is just moments from public transport, the University of Auckland, and AUT. You’re also within walking distance to Aotea Square, Event Cinemas, restaurants, shopping, and entertainment.
This low maintenance, high return option is sure to impress! An ideal opportunity to buy as an investment or live in one and rent another one out. It won't last long, contact Selina now for more information and private viewings!
