611/149 Nelson Street
Auckland Central, Auckland City
$289,000
1
1

You little ripper. Tiny Capital Outlay. Big Return

Kick off 2024 right with this FREEHOLD, savvy investment.

Currently tenanted periodically (non-fixed term), at $395 per week to tenants that would love to stay (vacant possession is available if required)).

With the current owners needing capital elsewhere, it's a reluctant goodbye from them to what has been a very lucrative investment, so opportunity knocks,

The Ascent building has recently been through a thorough overhaul, leaving it in excellent condition, and with the council about to start works on renovating Nelson Street making it much more pedestrian-friendly, the future is looking bright. Add to this the underground getting closer to completion (with access just two minutes away via Beresford Street), superb management and governance in place, and very low outgoings, it's easy to see why it's popular with both owner-occupiers and investors alike.

• FREEHOLD
• Excellent Location
• Low Outgoings
• Excellent Income

Call us today for a full information pack and to arrange a viewing.

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Property Features

Property ID: CTA35592
Bedrooms: 1
Bathrooms: 1
Building: 31m2
Listed By:City Realty Limited Licensed (REAA 2008)
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Chris Cairns, Licensee Salesperson for Team City at Ray White Auckland Central