2A/11B City Road Auckland Central, Auckland City

Cash flow is the critical component of successful real estate investing and this option absolutely prints the stuff!

Superb opportunity for anyone looking to invest in the city centre with a great return.

Comprising of 59m2 (approx.) floor area single level one bedroom apartment, this stylishly appointed city pad has a spacious living flowing out to a sunny north-facing aspect. An open plan dining and modern kitchen, genuine double bedroom.

Absolute central location! Near AUT, Auckland University, ACG and ELA. Walking distance to Queen Street, Aotea Square, Event Cinema, and library. Zoned for Auckland Grammar School and Ponsonby Intermediate.

Rental Appraisal a whopping: $475pwk

Annual Outgoings:

• Ground rent: $8,756.12 p.a (Current ground rent was renewed in 2018, and is renewed every 5 years) The lease term expires on 30/12/2086
• Operating Expense: $4,243.00 p.a
• City Council Rates: $1,205.82

Opportunities like this are rarely on the market, with high rental demands, and high net return, perfectly balancing elevated living with affordability. Rent out or live in, you can't go wrong! Don't delay, call Krister for more information and book a private viewing now!