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For Sale

712/133 Beach Road, Auckland Central, Auckland

Asking Price $57,500

1
1
19 m²

Apartment

•

What's around 712/133 Beach Road

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!

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Contact

Ron Yang
Lead Agent

Ron Yang

  5   (41 reviews)
Email
Zoran Farac
Supporting Agent

Zoran Farac

  4.8   (19 reviews)
Email

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