20-21/66 Mount Eden Road
Mount Eden, Auckland City
SOLD
4
2
2

Ultimate Mortgage Hack Or 5% Return

Struggling to get on the property ladder? We may have a solution for you with this 2-unit apartment property. Here is a unique opportunity to live in one apartment while renting out the other to help pay off your mortgage. Or if you're an astute investor, this one is offering around a 5% yield.

These two apartments in the complex at 66 Mount Eden Road are an old-style, solid-as concrete and concrete-block construction. So there is no leaky-apartment scenario.

Each apartment is completely separate. You get two kitchens, two bathrooms, four bedrooms & two studies but only paying one set of rates and one set of (very reasonable) Body Corporate fees. The ultimate dual key!

Plus, if you snatch this deal, you get to own and live in the exclusive Auckland Grammar & Mt Eden Primary School Zone.

One apartment is vacant & has just been completely renovated. You get brand new flooring, a new kitchen with stone bench, new stove, dishwasher & washer/dryer combo, & a new bathroom. The tenanted apartment is rented out for $525 per week & was renovated just three years ago. Each apartment comes with its own secure carpark.

The west-facing aspect, with plenty of windows, means you enjoy sunsets from these elevated apartments while looking over iconic Mt. Eden buildings. You can see the Sky Tower & Mount Eden from the balcony. The apartment is above a shop which means no noisy neighbours.

Location-wise, this is a winner. Being very central, the complex is on the bus route, close to the motorway on-ramps, Newmarket, Mt Eden & the CBD. In addition, the new Mt Eden Train Station is being built about a minute's walk away. When complete, you will be virtually living on the new Inner City Rail Link.

There is also an option to join the apartments & move the whole family in live in by installing an adjoining door. Two for one or one for all.

Be quick, these units are tightly held. Nothing has sold in this complex for three years. Set date of sale so the vendors are keen to negotiate. Call us now!

Open Homes

Property Features

Property ID: PNL20992
Bedrooms: 4
Bathrooms: 2
Building: 108m2
Listed By:JQ Real Estate Limited Licensed (REAA 2008)
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Features:

  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Secure Parking

Chattels:

  • Curtains
  • Dishwasher
  • Extractor Fan
  • Floor Covers
  • Light Fittings
  • Rangehood
    • Stove
    • Other Chattels
Tanya Kwasza, Licensee Salesperson at Ray White Parnell