Freehold Akl City Apt, $175k, Net Return 8.12% in your hand

Freehold Akl City Apt, $175k, Net Return 8.12% in your hand

Studio Sold - Auckland Central

Att: Buy & Hold Investors and Property Traders

Price $175K (Agents please always remember to ad your fee to this price)
Net Return 8.12% in your hand after out goings.

11 Liverpool Street, Auckland Central City

18-20m2
Freehold
Studio apartment
12th Floor
Loads of light
Good view
Easy to rent and very liveble. Working singles and couples all love these units.
Fully Furnished
Dated inside, but in very good condition.
Sold vacant
Settlement 30th Sep 2014 (1 week)

Rent as is $320p/w
Rent after a $8-10k refurb $330-340p/w (not necessary though) But this would increase the value to close to $200K

Outgoings:
Rates
$688.80
BC fee: $1730.61
Total outgoings: $2419.41

Grammar School Zone
Close to all amenities, Auckland University, AUT, bus, shops, Restaurants.
Good access to motorway link. 1 minutes walk to Queen st

Phots attached are of an identical unit.