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Saint Johns rent price
Auckland City schools
A3 Units at Strong Street, Saint Johns
$325,000 listed in Nov 2015
Unit: 6 Bed rooms 3 Bath rooms 3 Car spaces
Land size:  [Measure]
Agent: Megan Jaffe Real Estate Ltd Ray White, Remuera

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Property Description:
Seize this opportunity for 3 great additions to your investment portfolio. On offer are 3 two bedroom leasehold units in a block of 4, each on their own separate titles allowing them to be sold separately in the future should you choose to do so. Each unit has either a carport or an off street parking area. Two of the units are approximately 56 sqm and one is approximately 60 sqm. The solid 1960's largely brick and tile block sits on a 609 sqm site, is zoned for popular Stonefields School, and is minutes to beaches, buses, train and shopping centres. With the removal of a tree the upstairs unit will have a view overlooking the Eastern Suburbs towards and beyond Half Moon Bay. The 3 units have current very stable tenancies with current rents providing a gross income of $52,260 per year. With some TLC there is potential to increase that rental income. The perpetually renewable lease is until 2029 and the current lease cost is $9,100 per annum per unit.
Property valuation from Government
Nearby Schools:
NameTypeDecileDistance
Selwyn CollegeSecondary41.9 km
Glen Innes SchoolPrimary11.7 km
Kohimarama SchoolPrimary102 km
St Pius X School (Glen Innes)Primary11.6 km
Stonefields SchoolPrimary91.7 km
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The property data is from the public websites.

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