Easy investment at over 5% net return!

One bedroom apartment located in the vibrant Freemans Bay part of the CBD with easy access to motorways, walking distance to Works Depot, or having dinner at Ponsonby. Only minutes' walk to a number of the trendiest eating spots in Auckland's ever-growing restaurant scene. City living can't get much more convenient than this!

* Freehold one bedroom located at the juncture where the city meets Ponsonby.
* North west facing apartment with a deck.
* Sliding door in room to provide more living space.
* Currently Vacant.
* In zone for Ponsonby Intermediate school.

A smart buy for working professionals, Uni students or astute investors. Billions of dollars of community living construction all around meaning the potential in this area is beyond expectations.

Rental appraisal: $310 - $330 per week
Body corporate: $3,170.16/ annum
Council Rate: $1,067.19

Net Returns:
At $239,000, Net Return is 5.67%

***PROPERTY INFORMATION PACK CAN BE DOWNLOADED FROM: https://raywhite.co.nz/CTA40009

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