110/8 Ronayne Street, Auckland Central, Auckland

SoldSep 12, 2024

110/8 Ronayne Street, Auckland Central, Auckland

$135,000

53 m²

Apartment

•

23 days on the market

Sold: Sep 12, 2024

What's around 110/8 Ronayne Street

Investor alert, investor alert!!!!!

If you have been searching for an investment that absolutely PRINTS money, then you have come to the right place! Huge double digit returns on offer here for the lucky last man standing. This oversized THREE bedroom apartment in The Landings has a rental appraisal of a whopping $700-750 per week! Best of all, the outgoings are undoubtedly reasonable with ground rent, body corporate and rates totalling circa $14,000. This could leave you with a surplus of over $20,000 per year after paying your expenses! What level of net return do you demand? 12%? 15%? More?? Come along to the auction and name your price as our vendor has provided clear instructions to sell this property on the day. Alternatively it could be the perfect city pad for you or your kids while attending nearby universities. Perfectly located only moments away from the heart of the city, Parnell, Britomart and the waterfront. The Landings is a resort style complex offering facilities that include a full size tennis court, gym, sauna and a 25m heated indoor pool (all looked after by an onsite building manager). There's everything you need here to keep you healthy, happy and safe. The Landings are THE perfect example of why to buy Leasehold property in Auckland. With a purchase price likely to be less than a deposit for a similar freehold offering, you can tell the bank they're no longer needed! Unit 110 is superbly spacious with three double bedrooms, full sized kitchen, two bathrooms and as an added bonus opens out onto a private courtyard for extra outdoor living. Currently vacant - options abound and viewing can be arranged around your schedule. Contact Ryan for a comprehensive information pack and to arrange viewing.