For Sale

9G/15 City Road, Auckland Central, Auckland

Asking price $54,500

1
1
40 m²

House

30+ days on the market

What's around 9G/15 City Road

Leasehold Money Maker!

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

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