1205/8 Mount Street
Grafton, Auckland City
Grafton, Auckland City
Auction (Unless Sold Prior)
5
2
DECLARED AUCTION RESERVE OF $499,000 + GST(if any)
A BARGAIN AT THE TOP OF THE MOUNT - SELLING $261,000 BELOW CV!
DECLARED AUCTION RESERVE OF $499,000 + GST (if any).
With an incredible location in the heart of the city and with a publicly declared auction reserve, there is no guesswork.
Our overseas vendors have owned this unit for 15 years and is now surplus to requirements, this property MUST BE SOLD!
This is your chance to take over their remarkable investment property at 12E/8 Mount Street, with the opportunity for capital gain given the set reserve price. Don't walk, run, as this property will be snapped up quickly!
The building has a reliable core tenant (UniLodge), ensuring you receive a rental income that extends until 2028 as well as a Body Corporate to look after your investment.
With great views, spacious rooms and spanning approximately 102sqm internally, the unit comes with a complete list of chattels including fittings and furnishings, even cutlery, leaving little to worry about.
Based on an average rent of $365 per room x45 weeks of occupancy in 1 year, UniLodge could pay up to a generous gross rental of approximately $82,125.00 per year. (This may vary with higher occupancy or lower occupancy over the semesters and financial/technical advice is advised, income is based on UniLodge's ability to rent all the bedrooms and is not a fixed income).
Exclusive to investors only, purchasers need to be GST registered - diversify your portfolio and reap the rewards.
There will be a nominal 3% property management fee, alongside the ownership costs for maintenance of approx. $1,000 per year plus rates (This may also vary and financial/technical advice is advised). These fees contribute to the seamless operation and upkeep of the complex and your unit.
The Body Corporate levies payable for the unit for the current financial year is $25,290.76. (This comprises of $23,364.76 Regular Levy and $1,926.00 Contingency
Levy).
DECLARED AUCTION RESERVE OF $499,000 + GST if any - Contact us now to register your interest, we are just as excited as you are!
DECLARED AUCTION RESERVE OF $499,000 + GST (if any).
With an incredible location in the heart of the city and with a publicly declared auction reserve, there is no guesswork.
Our overseas vendors have owned this unit for 15 years and is now surplus to requirements, this property MUST BE SOLD!
This is your chance to take over their remarkable investment property at 12E/8 Mount Street, with the opportunity for capital gain given the set reserve price. Don't walk, run, as this property will be snapped up quickly!
The building has a reliable core tenant (UniLodge), ensuring you receive a rental income that extends until 2028 as well as a Body Corporate to look after your investment.
With great views, spacious rooms and spanning approximately 102sqm internally, the unit comes with a complete list of chattels including fittings and furnishings, even cutlery, leaving little to worry about.
Based on an average rent of $365 per room x45 weeks of occupancy in 1 year, UniLodge could pay up to a generous gross rental of approximately $82,125.00 per year. (This may vary with higher occupancy or lower occupancy over the semesters and financial/technical advice is advised, income is based on UniLodge's ability to rent all the bedrooms and is not a fixed income).
Exclusive to investors only, purchasers need to be GST registered - diversify your portfolio and reap the rewards.
There will be a nominal 3% property management fee, alongside the ownership costs for maintenance of approx. $1,000 per year plus rates (This may also vary and financial/technical advice is advised). These fees contribute to the seamless operation and upkeep of the complex and your unit.
The Body Corporate levies payable for the unit for the current financial year is $25,290.76. (This comprises of $23,364.76 Regular Levy and $1,926.00 Contingency
Levy).
DECLARED AUCTION RESERVE OF $499,000 + GST if any - Contact us now to register your interest, we are just as excited as you are!
Property Features
Get in touch
Sam Atia
Licensee Salesperson
Ray White Mairangi Bay
