5A/47 St Paul Street, Auckland Central, Auckland

For Sale

5A/47 St Paul Street, Auckland Central, Auckland

$769,000

160 m²

Apartment

•

1 day on the market

What's around 5A/47 St Paul Street

Cash Cow in the heart of AUT University precinct

At a $769,000 asking price, this asset delivers a massive 14.58% net yield (self-managed) or 12.82% net yield (fully managed) Gross Rental Income: $151,144 (Outstanding 19.65% Gross Return) the figure after property management fees is $137,630. The below figures break down the self-manage scenario so you can do the numbers. Total Operating Expenses: $39,031 (Includes actual Body Corp fees, rates, power, internet, and cleaning) Net Annual Cash Surplus: $112,113 Monthly Net Cash Flow: $9,342+ straight into your bank account. Why This Cash-Flow Engine Beats Everything Else on the Market: Elite Net Returns: A true 14.58% net yield is nearly impossible to find in Auckland Central, especially backed by physical land value. Turnkey Going Concern: Zero ramp-up time or construction delays-the operational setup, cleaning systems, and core utilities arealready in place. Built-In High Demand: Situated right in the high-density AUT University precinct near Queen Street, guaranteeing constant rental pools of students, workers, and travellers. Untapped Revenue Upside: Boost your monthly cash flow even further by adjusting room rates. This is the ultimate defensive, high-yielding asset for smart investors who value immediate monthly profits over speculation. One secure covered car park is a icing on the cake. Contact Dusan now to request the full information pack and arrange a private viewing before it is snapped up.