Two one bedroom apartments in this excellent Q-City building right above each other are now available for sale. Vendor will sale them either individually or both (with a discount).

Just a short walk to Aotea Square, Auckland University, K'Rd, Ponsonby and all that City living has to offer. Sunlight basking through generous windows entice you onto a north west facing private balcony.

Housing New Zealand lease in place until February 2020. Upon expiry you can choose to continue with the lease, rent it out yourself or owner occupy.
Don't miss out because at that time their value will jump up, while in the meantime you can make a better profit than keeping money in the bank!
While the rents are lower at HNZC run apartments, but they are without any problems of having to look for and to deal with tenants.
Rent is paid on time, every time.

Yes leasehold, but this is why it is cash profitable, so why not? If it was freehold it would cost 4-5 times more and have same rent, so lower profit.

The lease term is until 2086 so plenty of time left on the clock!

So what is your offer?

Features:
- North West facing city views
- HNZ Rental Return $17,892.00 per annum (always paid on time - monthly)
- Yearly rent reviews
- approx. 43m2 Floor Area
- Ground Rent: $5,500
- Operating Levy: $3,900 01 Apr 17 - 31 Mar 18
- Auckland Council Rates: $1,100
- All whiteware - fridge, dishwasher, microwave, cook top, stove, washing machine & dryer. - Well looked after complex with onsite building management and secure access.

Note: Some Images of similar unit in building.