9D/15 Whitaker Place
Auckland Central, Auckland City
SOLD
3
1

University Hub Gem with 8% High-Yield Potential!

Welcome to your next bright investment opportunity in the heart of the bustling university district! Nestled within this vibrant academic hub, we present a remarkable 42 sqm (approx.) FREEHOLD apartment with three double bedrooms, one bathroom, one toilet and a kitchenette that could be your golden ticket to high-yield returns. This gem stands out as a prime investment opportunity for savvy investors and parents seeking a home away from home for their university-bound children.

Each of the three bedrooms in this apartment boasts external windows, allowing natural light to cascade in, creating a bright and cheerful atmosphere. This clever design ensures that every living space is inviting and conducive to study.

The apartment comes fully furnished, just as you see in the photos, sparing you the hassle of outfitting it yourself. It's move-in ready for students.

Outgoings:
Rates - $2,160.02 per annum
Body Corporate Fee - $9,255.48 per annum

This investment property generates a steady rental income of $520 per week. However, the future holds even more tremendous promise. A fresh rental appraisal estimates the potential rental income to be between $620 and $650 weekly. You have the potential to achieve an impressive 8% net return on your investment!

It's a rare find in today's real estate market and a testament to the soundness of this investment opportunity.

Don't miss out on securing your piece of this thriving academic community - seize this opportunity today!

Open Homes

Property Features

Property ID: CTA42029
Bedrooms: 3
Bathrooms: 1
Building: 42m2
Listed By:City Realty Limited Licensed (REAA 2008)
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Habeeb Urrahman, Licensee Salesperson - Apartment & Residential Specialist at Ray White Auckland Central

Habeeb Urrahman

Licensee Salesperson - Apartment & Residential Specialist
Ray White Auckland Central

+64 21 0246 show

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Habeeb Urrahman, Licensee Salesperson - Apartment & Residential Specialist at Ray White Auckland Central