603/10 Ronayne Street Auckland Central, Auckland City

Virtual Auction: 12.30pm, Thursday 10th March (unless sold prior)
DECLEARED 99K RESERVE...DOUBLE DIGIT RETURNS
FINAL OPEN HOME THIS WEEKEND 12;30 to 1pm BOTH DAYS
Hunting for double digit returns? Look no further, all masters of the universe must investigate this income generating downtown two-bedroom cash machine.
Park your cash here, bank returns are pathetic and the AKL CBD is THE ONLY AFFORDABLE OPTION FOR BOTH RENTERS AND INVESTORS LEFT IN AUCKLAND.
Rent is $400PW to fixed-term tenants, Body corp fees (include insurance) Council rates and Ground Rent are only $8130 pa.
The Landings building is rock solid, yes it's leasehold but at this price it doesn't matter, it's income and purchase price is inflation proof and the rent can be increased over time to keep the yield consistently high.
Its ideal location self-evident, this could even be your clandestine crash pad if you had the imagination or inclination to get funky with a paint brush, complete with GYM, TENNIS COURT and POOL.
After many years of stable passive income the sellers are seriously moving on and retiring so instructions are crystal clear. This is no bluff, genuine high return opportunity for those speculators with spare cash in pocket.
Don't delay, note the auction day.