430 Queen St, Auckland City Freehold 2 Bedroom 40m2 Apartment. 9.4% Net Return / Yield

430 Queen St, Auckland City Freehold 2 Bedroom 40m2 Apartment. 9.4% Net Return / Yield

Apartment Sold - Auckland Central

430 Queen St, Auckland City Freehold 2 Bedroom 40m2 Apartment. 9.4% Net Return / Yield

Price $185,000 (Traders and Agents as always please ad you fee to this)

The Volt Apartments
Queen Street address
2 bedroom
1 Bathroom
Freehold
2nd Floor
CV $200,000 – July 2008
Last owner paid $229,000 in 2004
Fully Furnished
Great Quality Building, No Leaky stuff
Size 40m2
Balcony
No Car Park ( Car parks available for rent at $50-60 per week)
Built Mid 2000

Out Goings
Rates $ $1,274.74 pa
Body Corp $2908.33 pa
Total Out Goings $4183.07 pa

Net Return / Yield
8.98% Rented at $400 per week
9.46% Rented at $420 per week

Rent $400 per week as is or spend about $1,500 on a TV, bed covers and a good clean and obtain an easy $420 per week.

Well managed building with low Body Corp levies.
Ideal for investors or owner-occupiers as in the zone for Auckland Boys Grammar.
Just a few minutes walk from all central city amenities, sky city, town hall, art gallery, library, university and AUT.

In-house gym, sauna, in-ground swimming pool, onsite management and 24hr security.