Auckland City Median PriceAuckland City Median Rent | Map | Street view | Nearby | Transport | Property Description: | Apartments are all about location and this 70m2 (approx. including deck) Freehold apartment has it all.
With the hot spot in town ‘Britomart’ to the left, Vector Arena/The Waterfront straight ahead and the old Historical Train station and park to the right, the University precinct behind and with the easy access off the motorway on/off ramp down the road you truly do have it all.
So Location Check, Freehold Check….what about the other 4 areas?
1) Building Quality, Management and Condition – Built to the new standards the building is in great condition so no leaks here. The Body Corporate is in excellent with communal areas being renovated as I write this advert. Only adding to future Cap
2) Return on investment? Where every tenant wants to be, it’s a great renter. So after your deposit it’s most likely going to be paying its self-off. Bit of a no brainer really.
3) Capital gain? Well look at the size. Take the price and divide it by 70 approx…..good huh.
So selling below replacement cost gives you your answer there. And location, location, location isn’t just a cliché so add that to the mix.
4) Finance - For the owner occupiers and investors it meets all the major banks criteria with ease and then some so if increasing your wealth is your game by not making your land lord richer it’s a big check.
So first in first served, email me I have all the details ready for your due diligence and don’t worry if it sells I’ll see if I can find you another one….hopefully.
As always all agents welcome with equal commission after expenses and note to all even though it's high up on the 6th floor it has part ownership in its own private garden just waiting to be sculpted....so plenty of potential to add even more value.
Come have a look. You wil | Property valuation from Government |
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