Apt 1505/2 Beach Road, Auckland Central, Auckland

For Sale

Apt 1505/2 Beach Road, Auckland Central, Auckland

Asking price $109,000

107 m²

Apartment

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30+ days on the market

What's around Apt 1505/2 Beach Road

Top Floor, Two Levels, Two Car Parks - NOW PRICED

Three bedrooms, two bathrooms, two car parks and a top-floor position-how much would you expect to pay for that combination in downtown Auckland? Now offered with a clear asking price, this substantial Scene One apartment presents an exceptional opportunity for buyers seeking space, income and a waterfront CBD location at a remarkably low capital entry point. Set across two levels on the upper floors of the building, the apartment enjoys an elevated harbour outlook and provides far more space than its price might suggest. There is also immediate income in place. The apartment is currently rented for $840 per week, with the two car parks separately returning $65 per week each. That provides a combined gross income of approximately $50,440 per annum. Our Australian-based owner is exiting the New Zealand market and is committed to achieving a sale. Property highlights: * Top-floor apartment set across two levels * Three bedrooms and two bathrooms * Two separately rentable car parks * Elevated harbour outlook * Combined gross income of approximately $50,440 per annum * OPEX: $3,467.08 per quarter * Ground rent: $8,241.06 per quarter * Outstanding downtown waterfront location * Australian-based owner committed to selling * Exceptionally low capital entry point Britomart, Commercial Bay, the waterfront, ferry terminal, restaurants and the CBD are all within easy reach. With the City Rail Link adding even greater connectivity, you can leave both cars downstairs and enjoy much of Auckland from your doorstep. Yes, it is leasehold-and that is precisely where the opportunity lies. For buyers prioritising space, location and income over land ownership, this is an opportunity to secure considerably more apartment than the same money would typically buy elsewhere. Come and see it in person. You may be surprised by just how much apartment your money can buy. All conjunctional agents are welcome. If you have a buyer, we would be pleased to work with you. Please note: The property is currently tenanted. Some images show the apartment vacant and/or virtually staged. Virtual staging is for illustrative purposes only and is intended to help buyers visualise how the property could look when furnished.