413/10 Ronayne Street
City Centre, Auckland
SOLD
2
1
1

$109,000 DECLARED RESERVE...but wait there's more

WANT SOME LOLLY?...DOUBLE DIGIT RETURNS RIGHT HERE
If you're fed up scrambling around chasing bank returns then think outside the box. There is a better way for investors to achieve much better returns and you've found it right here.

This 55sqm TWO BEDROOM apartment with SECURE CARPARK and STORAGE LOCKER in "The Landings" building is an excellent first home or profoundly good investment that'll give you unheard of double digit returns well into the future.

The rental income has NEVER BEEN LESS THAN $485 PER WEEK IN 15 YEARS so let's say $485 per week in todays market, that's $25,220 per year, once the boarders open up and the foreign students start coming back you'll really be in a sweet spot.

Body corporate and ground rent fees combined are only $7880 per year SWEET AS!
You can still ask us "what will the seller take on Auction day" but it's right there in the heading...$109,000 is not a misprint. Don't forget the Pool, Gym and Tennis Court as excellent facilities for either you, your children or your tenants to enjoy anytime they want.

Out of town original owners want to pursue other opportunities, they are now SERIOUS sellers. They offer this seriously affordable property VACANT AND COMMERCIALLY CLEANED so you can either move in yourself or find tenants right away.

It's time to get yourself something really sweet so don't delay, contact us today to view.

Final viewing time this Wednesday the 11th May 12 to 12:15pm.
Auction: 12.30pm, Thursday 12th May 2022 (unless sold prior)
Location: In Rooms - 2 Lorne Street Auckland Central

Open Homes

Property Features

Property ID: CTA40080
Bedrooms: 2
Bathrooms: 1
Building: 56m2
Listed By:City Realty Limited Licensed (REAA 2008)
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Ady Huang, Licensee Salesperson at Ray White Auckland Central