3/21 Simkin Avenue
St Johns, Auckland City
SOLD
3
1
1

Leasehold - Cash Positive or Financial Freedom

Cash positive prize-winner in the heart of St Johns. This is a must-see for astute investors and homeowners seeking affordability.

Wake up to sunshine and views across the Tamaki Estuary in this peaceful sanctuary in the sought after rear position. There is room to accommodate a small family with three bedrooms, open plan living, and complemented with a north-facing courtyard. This is a rare opportunity where you can maximize your investment return with the low ground rent of just $120 per week and a rental estimate of approx $600+ per week, or perhaps you have sold your family home to downsize and get back your financial freedom.

On the route between Remuera and The Bays, access to conveniences and amenities is fantastic, as are the transport options to carry you around the city. Zoned for popular Stonefields School and Selwyn College, if you are looking for a great location without the huge price tag, this could be just the ticket.


Features Include:

- 95sqm (approx) elevated spacious sunny unit
- One of only three in the block
- 3 bedrooms and 1 bathroom including bath
- Add Value Opportunity
- Ample storage throughout
- Single carport
- Shared laundry room with own washing machine
- Ground rent of only $120 per week ($6,283 per annum)
- Market Rent approx $600+ per week
- Ground rent review in 2027
- Sit back and enjoy life without the worry

For more information, call John & Jane on 0800 WANT SOLD

Open Homes

Property Features

Property ID: ORK30719
Bedrooms: 3
Bathrooms: 1
Building: 95m2
Listed By:Megan Jaffe Real Estate Ltd Licensed (REAA 2008)
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Chattels:

  • Heated Towel Rail
  • Cooktop Oven
  • Extractor Fan
  • Light Fittings
  • Blinds
  • Tv Aerial
  • Curtains
John Campbell, Director & Licensee Salesperson at Ray White Orakei