606/8 Lakewood Court Manukau, Manukau City

Location: 606/ 8 Lakewood Court, Manukau, Auckland
Rooms: 2 bedrooms, 2 bathrooms
Floor Area: 63m2
Price: $655,000

CALLING ALL INVESTORS...In iconic Lakewood Plaza, this NEW Freehold Dual Key apartment is two apartments on one title and gives an appraised rental income of $830-$900 per week. You could own it as a straight investment or you could live in the one bedroom apartment and rent out the studio as a home and income..the choice is yours. There is also the benefit of having a furniture package included in the price and each apartment is self-contained with their own kitchen, bathroom, and laundry. The current owners have decided to sell before completion, which is expected in September this year.

This vertical community is resort style living at its best, with owners getting membership to the on site health club which includes a full commercial gym with indoor swimming and spa pool. An on site restaurant is also planned.

With the appraised rental income less body corp fees and rates, an investor (owning other property) and borrowing 100% of the purchase price on this Dual Key apartment, then offsetting the borrowings against the net income, could have a cash positive NEW property*. That's why Dual Keys are popular...when you can get them.

The location is second to none. With major growth projected for Manukau. Lakewood Plaza is within walking distance of the train station and buses, close to AUT and Westfield, it doesn't get much better than this.

Purchase as an investment or purchase as a home and income...The choice is yours.

Be quick...The numbers speak for themselves.

To find out more...call Steve 021 942456. E-Mails should include a phone number for a faster response.

*will be depend on investor individual financial situation