411/10 Flower Street Eden Terrace, Auckland City

Conveniently located city fringe property with views of Mt Eden. Astute investors have been searching for opportunities like this for years.

Der Rohe Apartments at 10 Flower St is in a quiet location in Eden Terrace with plenty of choices for cafes and restaurants around the corner. It is close to the City, Ponsonby, Newmarket and Mt. Eden Village with easy access to public transport, walk to Auckland CBD.

This spacious freehold apartment is located on the top floor of 10 Flower St, zoned for the popular school, Auckland Grammar.

Spread over 2 levels, it offers 4 bedrooms, a beautifully appointed modern kitchen and two bathrooms. You will love the large entertaining balcony with views to Mt Eden and Waitakere Ranges, perfect for relaxing after work or a barbecue with friends. But wait there's more - 2 secure covered car parks are included in the package!! Great cash cow as a four bedroom rental but could also be easily turned into 3 bedroom with an entertainment room.

What happens to rents when all the international students return? They go up! What happens to rents when redevelopment of the Mt Eden Station is finished? They go up! What happens to values for apartments like these when rents increase? They go up!

Alternatively, if you have kids going to university it's hard to find a better space and location than this. They can take one room while you rent the others to their friends.

Only 42 Units in this well-maintained building, with low outgoings.

Big, easy-care rental properties like this are rare. Previously rented at $1000 per week. Be quick to check it out. You will love it.