228/26 Te Taou Crescent
Auckland Central, Auckland City
SOLD
2
1

$99 RESERVE...AUCTION THIS THURSDAY

Investors may have trouble focusing their eyes on this $99 DOLLAR RESERVE however this is NOT a misprint.

We simply had to convey the message that our seller is indeed seriously motivated. Two bedrooms, one bathroom and a reliable income stream, essentially what you're buying is your very own ATM.

Upside? Rents are robust, some tenants stay here for years...completely hassle free. You could buy this on your credit card and you don't even need to see inside.

What's the catch? It's cosmetically challenged but perfectly habitable, the bank won't lend on it because there's no financial servitude in it for them so you'll need $100 bucks to start and time to do a lot of reading.

Grand Central Apartments located next to the Vector Arena in downtown Auckland is tailor made for affordable accommodation. Mum and Dad? Buying this'll be cheaper than paying the kid's rent and you'll always know they're snug and cozy but you'll need to wait for the existing tenants to finish up.

Our sellers' no longer interested in their big city investment, they've long since graduated and it's time to cash out, better call 99...dollars that is.

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Property Features

Property ID: CTA44757
Bedrooms: 2
Bathrooms: 1
Listed By:City Realty Limited Licensed (REAA 2008)
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Dominic Worthington, Licensee Salesperson at Ray White Auckland Central