48m2. AKA - An opportunity for somebody with vision and an eye for adding value. This rare end unit has all of the foundations to work off including windows in both bedrooms. Two bedrooms, two bathrooms, balcony and a kitchen. This could be your blank canvas. A wonderful project if you enjoy matching colours, picking furniture and rearranging!
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Tenants will love it! The area creates huge demand. Freemans Bay Primary, Ponsonby Intermediate, Auckland Girls' Grammar and Western Springs College all in zone as well as all of the amenities and fun things to do in the CBD.
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Once you have had your fun, this investment will work for you. Here is the serious part:
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The current rent is $415 per week (under-rented!) until 5/11/2015. We have done an appraisal of $470 to $490 once it has been spruced up a bit. BC levy: $3,518.10 (after discount) Rates: $1,212.24 Price: $388,000
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Got it? Act fast then.