147 Hobson St, 2 Bedroom Freehold Auckland City Apartment. 10.6% Net Return

147 Hobson St, 2 Bedroom Freehold Auckland City Apartment. 10.6% Net Return

Apartment Sold - Auckland City

147 Hobson St, 2 Bedroom Freehold Auckland City Apartment. 10.6% Net Return $145k

$145,000. Traders and Agents please ad you fee to this.
Guaranteed Return Available.

Rent: $350p/w as is or $380p/w with a light tidy up and a big TV.
(cost to tidy up and TV $3K ish)

147 Hobson St
7th floor
2 bed, 1 Bath,.
Great Quality Building.
Fully furnished
38m2
Freehold
Pool & Gym
No Car-park
2 Minutes walk to the casino & Queen St and 8 minutes to the University

Currently tenant paying $350p/w
Net Yield / Return as is 9.5%
Net Yield / Return with tidy up & TV 10.6%

Out Goings
Body Corp $3,255.00p/a approx.. to be confirmed asap
Rates $1,123p/a approx. to be confirmed asap
Total outgoings $4,378.00 p/a (approx. to be confirmed asap)

Guaranteed Return
I have a property management company willing to rent this property for the next 10 years at $350p/w, if a tidy up and TV added/ done, giving a guarantee rent 52 weeks of the year, They charge a 10% + GST management fee. Please note that this is only a option, IF some one wanted a guarantee rent.
The property in not currently locked in any lease.