309/8 Lakewood Court
Manukau, Manukau City
Auction (unless sold prior)
2
2

2 BED - DECLARED RESERVE $399,000

Are you a CONFIDENT INVESTOR?

This freehold 2 bed 2 bathroom at Lakewood Plaza will appeal to those who can see through the current remedial issues in the building and buy with an eye to the future. Recent remediation to this favoured corner apartment is complete with special levies paid, and with interest rates now heading down, you could sit and let time do its thing.

• Currently tenanted $610pw through to 30 Sept 2025
• Shows a gross yield of 7.95% or 7% after management at $399k
• CV $680,000
• All appliances- fridge/freezer, washing machine, dryer, microwave, heat pump and blinds
• On site health club includes a full commercial gym, in-door swimming pool, plunge & spa pool, steam room & sauna.

The location is second to none, with major growth projected for Manukau. Lakewood Plaza is within walking distance of the train station and buses, close to AUT and Westfield, and minutes to the airport.

The vendors have commitments elsewhere and want this property sold. This will likely be the best buying at Lakewood Plaza.
Early viewing recommended.

To find out more….call Steve 021 942456. E Mails should include a phone number for faster response

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Property Features

Property ID: CTA44971
Bedrooms: 2
Bathrooms: 2
Building: 63m2
Listed By:City Realty Limited Licensed (REAA 2008)
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Steve King, Licensee Salesperson at Ray White Auckland Central