Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008

Real Estate Agents

Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
246 Queen Street
Auckland Central
Auckland 1010
Listing #:
CTA46142
Listed:
185 days ago

$390,000

7.6% NET YIELD AT $390,000

103/8 Lakewood Court, Manukau, Manukau City
Apartment
bedroom
2 Bedrooms
bathroom
2 Bathrooms
floorarea
63m2 Floor Area
About this property
Location;- 103/ 8 Lakewood Court, Manukau
Auckland

Rooms;- 2 bedroom, 2 bathroom.
CV;- $780,000
Floor Area;- 63m2
Price;- $390,000

Instructions are clear. THE OWNER WANTS THIS SOLD

• Dual Key Apartment weekly income $895
• Net Yield 7.6% after all outgoings incl property management
• Net Yield 8.8% if self managed
• GREAT CASHFLOW

This freehold Dual Key apartment will appeal to confident investors that can see through the current remedial issues in the building with an eye to future upside. SIMILAR APARTMENTS WERE SELLING OVER $600k A FEW YEARS AGO. Special levies will be paid by the vendor at settlement.

A Dual Key is two apartments on one title, both self contained. Generating $510pw from the one bed and $385pw from the studio. In demand by tenants, they like the commercial gym & in-door swimming pool.

• Includes full furniture packages, all appliances, heat pumps & blinds
• Live in one, rent the other or rent both. Great home & income option
• Excellent Condition

Great location - Lakewood Plaza close to Auckland airport, an easy walk to Westfield, train station, buses and close to AUT

MUST BE SOLD………..vendors loss, your gain

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

Check out whether you can get fibre internet
Meet your new neighbours on Neighbourly