Hands off investing in Auckland CBD does not get easier than this.
Up for grabs is this BIG 52sqm (give or take), three bedroom, one bathroom PENTHOUSE apartment in the heart of Auckland central's tertiary precinct. Only minutes walk from the main campuses of AUT and Auckland University.
Currently under lease to an experienced operator until November 2031.
Multiple options at lease expiry: re-sign the lease for a further five year term OR terminate the agreement and rent it out privately.
Super clever parents should consider buying now for the kids future accommodation needs.
With university numbers growing year on year and interest rates as low as they're likely to get, this is THE right time to invest. Simply sit back and enjoy passive income each month.
Long term Aussie owner demands a sale at auction (unless sold prior), if not to you, someone else will surely oblige.
Contact Ady Huang of Raywhite for further detailed information.
Please note;
Plus GST if any (please seek independent legal or accountancy advice)
The Empire Apartments.
http://www.empire21.co.nz/index.html
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: floor and land sizes, boundary lines, underground services, scheme plans or consents.
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