SoldNov 1, 2024

507/20 Park Avenue, Ellerslie, Auckland

Amount undisclosed

1
1
30 m²

Apartment

30+ days on the market

Sold: Nov 1, 2024

What's around 507/20 Park Avenue

FREEHOLD - Exclusive Studio Sanctuary - High Yield

VIEWINGS: STRICTLY SUNDAY 2-3pm only (due to being currently tenanted) Auction Date: Wednesday 19th March 2025 @ 6pm Elevate your lifestyle in this luxurious studio apartment nestled in the prestigious Park Avenue, The Residences at LQ Ellerslie. Perfect for discerning professionals or couples, this apartment offers a haven of comfort and convenience with panoramic city views. Owner-occupiers and investors alike will appreciate the elevated urban aspect with every desired lifestyle amenity only moments away. Currently rented at a 6.5%+ return on investment. Exceptional Features: • Freehold Studio Apartment: Enjoy the freedom and security of owning your space • Rental Appraisal: $500 per week (furnished) • Rates (per annum): $112.15 • Body Corp Fees (per annum): $1,884.34 • Rental Yield: A lucrative nearly 7% Luxurious Amenities: • Premium Bathroom: Revel in the beautifully appointed bathroom with premium fixtures • Residents' Rooftop Garden: Enjoy the free use of the rooftop garden and BBQ area, an ideal spot to soak in the summer vibe • On-Site Gym: Stay active with complimentary access to the on-site gym facilities Prime Location: Ellerslie Township: Immerse yourself in the vibrant atmosphere of Ellerslie with its diverse restaurants, local shopping, and easy access to public transport School Zoning & Proximity: • Schools: In addition to being within the school zone for One Tree Hill College, Ellerslie School, and Baradene College, this prime location boasts proximity to numerous prestigious private schools • Convenient Access: Easily connect to Auckland's Motorway network • Transportation: A mere 5-minute walk to the Ellerslie Train Station • Shopping Hub: Newmarket is only an 8-minute drive away • City Access: Downtown Auckland is a short 15-minute drive • Retail Therapy: Sylvia Park is just a 9-minute drive away Don't miss out on this exceptional lifestyle opportunity-secure your spot in this prime Auckland address today

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Buyer's review

over 1 year ago

easy to work with and good follow up

enjoyed the experience, worked well with us.

T
Troy Reid
Buyer

Seller's review

over 1 year ago

Experienced Agent

The market knowledge and ability to communicate well was most appreciated. This transaction was very smooth

S
Seller

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