220/430 Queen Street Auckland Central, Auckland City

The interest rate has reached a record low in New Zealand history! With $520 per week rent and the fixed tenancy agreement to Feb 2020, the net investment return is more than double the interest you get from the bank (around 6% net return! Way better than money sitting in banks!). Also, it's never been easier to pay your mortgage than now! This compact two bedroom apartment in the popular building Volt will be a great opportunity for you to add into your investment property portfolio or a perfect place for your kids to live whilst they attend university.

Volt Apartments complex is located in the corner of Queen Street and Mayoral Drive, where it is just a short stroll from Auckland University and AUT. It is also very close to Auckland Library, Queens Street Retail shopping and public transport. Because of the unbeatable location, there is always a high demand for rentals of the apartments in Volt building on the rental market.

The apartment is comprised of two double bedrooms and one combined bathroom which privately separates the two bedrooms. It is also zoned for Auckland Grammar School (AGS). The body corp levy is reasonable covering hot, cold water, property insurance and free use of the gym in the building. The building has an on-site building manager and good security systems. Taking off the body corp levy and ACC rates, the net investment return is high up to around 6%! Don't miss out on this great opportunity to double your return!

The vendor is serious to sell! Call Victor to arrange a viewing today or go through the open home during the weekend.