Say Goodbye to the Bank

LEASEHOLD with a Twist

Very tidy two bedroom apartment with a car park, and an extremely motivated vendor - the perfect storm!

When it comes to making apartments enjoyable to live in, it's all about layout - making the best use of the available spaces and defining zones; this apartment ticks all the boxes. You'll struggle to find a better presented apartment, high stud, floor to ceiling windows, and well sized at 63m2. Two bedrooms, one bathroom and a car park make this a perfect home, home away from home or investment property - how does a 8-9% NET Return on Investment sound?

With low ground rent, excellently managed and ideally located on the edge of the city, this is the perfect example of why to buy Leasehold.

- Secure Covered Car Park
- Excellent Location
- Low Ground Rent
- Outstanding ROI

Income:
Rental Appraisal - $680-$720 per week

Outgoings:
Council Rates: $1,806.53 per annum
Body Corporate Levy & Ground Rent: $13,578.76 per annum (10% prompt payment discount included)

Full Information pack available on request.

Superbly located, with Britomart Transport Hub and the beautiful ferry building with access to all that Auckland's playground the Hauraki Gulf has to offer only minutes away.

You're spoilt for choice when it comes to eating and drinking with the Viaduct's bars and restaurants, take just a short stroll further and you'll find yourself in Wynyard Quarter.

Why Buy Leasehold?

One of the best value leasehold buildings in town. Due to certain restrictions, the land value on which Hudson Brown has been built is lower than other leasehold sites in the city. Why is this a good thing? The ground rent is based on the unimproved value of the land - so not only do you get a building that has been built to a very high spec, you're getting a very low ground rent - if you're an investor, I'm sure your ears are starting to prick-up.

Extremely motivated vendor - call us today to arrange a private viewing.