Auckland Property

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SOLD

Auckland
2
1
N/A
55sqm
N/Asqm
Auckland
Auction
Thursday 12th May - 12:30PM
2 LORNE STREET, AUCKLAND CENTRAL
proudly marketed by
GET SOME LOLLY HERE
GET SOME LOLLY HERE Stop scrambling around worrying about bank returns, where to invest your money and becoming frustrated about crazy Auckland residential house prices, think outside the box. There is a better way for Mum and Dad or first time investors to achieve much better returns and you've found it right here. You may not have a lot to invest however understanding the rate of return and how much you'd need to invest will become clear. This 55sqm two bedroom apartment with secure carpark in "The Landings" building could be an excellent first home or alternatively be approached as an investment that'll give you a decent, inflation proof return on your savings well into the future. What will this rent for on today's market? Let's say $500 per week fully furnished, that's $26,000 per year, you then deduct your costs such as body corporate fee, ground rent and rates AND then you divide that figure by how much money you'd like to spend and there is your rate of return! Is that rate of return in double digits? Don't forget the Pool, Gym and Tennis Court as excellent facilities for either you or your tenants to enjoy anytime they want. Whatever your desired rate of return, contact us for an obligation free conversation. Our out of town sellers are original owners but are not interested in being landlords in Auckland any longer and want to pursue other opportunities. They offer this seriously affordable apartment vacant so you can start yielding a real rate of return on the day you take possession. It's time to get some something really sweet so don't delay, contact us today for a same day reply.
Question
Upload by Grant Drummond
Auckland Central