1208/8 Mount Street
Auckland Central, Auckland City
SOLD
5
2

Going for Gold - 6%+ Return

The Unicentre represents an outstanding opportunity for the investor looking to purchase an investment similar to a small commercial property with a core tenant (AUT) who provide a 21 year guaranteed net rental until 2025 with a right of renewal for a further 9 years until 2034. Net Yield is well over 5%.

All operational costs are met by the AUT, which include, Body Corp fees, Insurance, Land rates, maintenance, marketing for students, advertising etc.

Apartment #1208 is a sizeable 96sqm (more or less) apartment, comprising 5 bedrooms, 2 bathrooms and light filled living area.

Net rental is $42,968 + GST per annum.

*There is a 5% Property Management fee to the investor.

All purchasers must be registered for GST. We recommend that all interested parties seek
independent professional advice.

** Interior images are of a similar apartment.

Call now to make an appointment to view.

Open Homes

Property Features

Property ID: PNL30140
Bedrooms: 5
Bathrooms: 2
Building: 96m2
Listed By:JQ Real Estate Limited Licensed (REAA 2008)
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Howard Sidnam, Licensee Salesperson at Ray White Parnell