1029/21 Whitaker Place
Grafton, Auckland City
Auction (unless sold prior) 3 Apr 2025 at 12:30pm
3
1

Uni is back - So is your income!

This purpose-built 3 bedroom student accommodation unit will provide you with a steady income stream throughout the year.

Leased to a professional student accommodation provider, there are no worries about management. Relax and enjoy the monthly direct credit, knowing that your investment will be assisting lots of young people just starting out - it's a win-win situation!

Net annual income to February 2025 - $10,200 - This is all profit after body corporate, rates, management fees, electricity and fixtures and fittings contribution (one less thing to worry about).

Lease terminates 17 May 2026, so options are bound, possibly enter into a new lease or enter into residential tenancy or accommodate your own kids through university.

Andrew Bond 021-879-186 andrew.bond@raywhite.com

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Property Features

Property ID: WQR31434
Bedrooms: 3
Bathrooms: 1
Building: 52m2
Listed By:City Realty Limited Licensed (REAA 2008)
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Andrew Bond, Licensee Salesperson at Ray White Wynyard Quarter