4% Return Approx Great Remuera Investment

Currently rented for $850 per week on a fixed tenancy until 2 October 2020 - this is a great investment providing a 4% approx return in a time when your money is possibly safer in property than in the bank. The proposition here is a one-level apartment which faces directly north and has perfect indoor-outdoor flow to its sunny private balcony. It enjoys a tranquil leafy view of mature treetops so you can listen to bird song in this surprisingly peaceful cul-de-sac. A two-bedroom spacious apartment of this quality and price is a rare find, especially in a double grammar zone location. With your own double internal access garage and one flight of stairs, this feels more like a two-storey home than an apartment. One of only five apartments in this well-maintained boutique block. Positioned within the Broadway Park complex, you can enjoy the two huge pools, tennis courts and gym facilities. Traffic will no longer be a concern for you, with Parnell, Broadway, Westfield, Countdown and public transport just a short walk away. With no lifts or facilities to maintain within the building, the body corporate fee is manageable. This is an affordable, simple 'lock up and leave' property with many bells and whistles you wouldn't expect. For those looking to add value there is a potential simple fix to add another bathroom.

- 130m2 approx. Double Grammar zone apartment
- One-level living, 2 double bedrooms, 1 bathroom
- Elevated outlook, up just one flight of stairs
- Huge living space flowing to north facing deck
- Convenient double internal access car garage
- Remuera Intermediate and Newmarket School
- Use of pools, gym and tennis courts, Sky TV
- C.V. $940,000 (July 2017)
- $850 per week rental fixed term until October 20