$45,203

First time on the market in 20+ years this top floor, West facing apartment has city and open spaces views, together with long afternoon sun to maximise warmth. All in a secure access apartment block giving you a sense of contentment within the core of Auckland city. Located in the Meyers Park historic area, 2 doors from the Mercure Hotel and next to a terrace of historic retail shops. You are surrounded by restaurants of every flavour, local supermarkets, bus routes and it is a 10 minute walk to the new Karangahape Train Station (under construction) that is about to swiftly link you to Mt Eden, Newmarket and other parts of the Central City. A short walk to University of Auckland, AUT and many other tertiary institutions, you are also in zone for Auckland Grammar and Auckland Girls Grammar. The apartment is a 1 bedroom, 40m2 floor plan with your own balcony. Currently rented for $400 per week and built on Leasehold Land, your current expenses are Ground Lease $8,416.48 pa, Operating Expenses $5,189.36 and Auckland Council Rates of $1,404.75. At the current rent your return on investment at the asking price is 7.2% This home is cheaper than paying rent.

Amenities

• Bedrooms: 1
• Full Bathrooms: 1
• Partial Bathrooms: 0
• Property Type: Residential
• Home size: 0 ft² / 0 m²
• MLS: 921975
• Status: Active

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