Rare on the market, this freehold studio apartment ticks all boxes.
Central location, 2 minutes work to AUT, Auckland University, AIC, just opposite Auckland Library, close to all amenities.
Auckland Grammar Zone.
Current under fixed term tenancy to Feb 2018 for $460 per week.
The Tenant is keen to stay. This location is extremely hot in the rental market.
Body corp fee $3644, CV $170,000, Rate $1058. Floor area is around 27m².
High yield: Even if you purchase it at the asking price then the NET return is $4.8%.
Form 18 and last 10 years Body corp minutes are available.

Bring your calculator and checkbook. This is the opportunity you don't wish to miss.