306/31 Davis Crescent
Newmarket, Auckland City
SOLD
1
1
1

6pct net return? Newmarket? DGZ?...yes, yes, yes

Yes to all of the above, and yes to Capital Gain!

A fully furnished studio in one of the best run hotels in Auckland -The Quest in Newmarket.

This apartment is always occupied and earns a healthy return.

Just sit back and do nothing and collect the guaranteed income. With only 15 years to run on the current hotel lease this apartment would make for the perfect crash pad in the heart of Newmarket and you can expect a healthy capital gain at the end of the hotel lease. And the bonus is.. it comes with a car park and patio...

Overseas based owner demands a sale. Make an offer today!
Priced $229,000 (plus GST, if any)
View by appointment.

Open Homes

Property Features

Property ID: BDW22529
Bedrooms: 1
Bathrooms: 1
Building: 30m2
Listed By:City Realty Limited Licensed (REAA 2008)
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Features:

  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Secure Parking
  • Single Garage
Ivan Koulin, Licensee Salesperson at Ray White Sandringham