PROFITABLE LEASEHOLD INVESTMENT - BLOCK OF 7 FLATS. A cash flow opportunity is provided by this block on 1530m2 consisting of 2 x 2 bedroom flats and 5 x studio flats on a single title. Present rental income is $1830 per week. The property is leasehold with ground rent of $39,000 per annum fixed until November 2025. IIf you have 100% occupancy the rental income of approx $95000 per annum ensures there is cash left over, even with other expense deductions!

207 is located down a long ROW, well off the busy roads, elevated with views over the Tamaki Estuary, and with plenty of off street parking for the tenants. This is in a popular rental area near the Auckland University Campus. As all flats are currently tenanted and we do not want to interfere unnecessarily with the tenants' privacy we would ask you contact us for all details before we make an appointment to go on site. THERE IS POTENTIAL TO IMPROVE CONDITION AND INCOME, SO GIVE US A CALL TODAY!