Q Central one bedroom - Solid return investment

Leasehold title cosey one bedroom within Auckland Grammar zone, walking distance to University and Queen Street, in a high demand rental area. Leasehold land until the year 2086 so 65 years remaining.

Current rental is $370 per week fixed until April 2021

Outgoings as below:
Operating expenses: $2,048.17/year
Ground rent $4,546/year
Rates $952.23
CV$195,000 ($80,000 land value + $115,000 improvement value)

At current rent, the NET return is over $11k per year, or at 14%!

Call today don't miss out!