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Auckland Central

5F/208 Hobson Street, Auckland Central, Auckland

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3 Bedrooms
1 Bathrooms

Better than the bank! Estimated 9.5% Gross ROI


CALL TO ARRANGE A PRIVATE VIEWING!

This FREEHOLD, 3-bedroom, 1-bathroom apartment is located right close to the university district. No car-park no worries, walkable to Queen Street, K Road, Victoria Park, and Ponsonby, it offers the ultimate in convenience. This corner unit features a balcony wrapping around two sides.

The property has been freshly painted with new carpets and complete with a heat pump. Tucked away within the building, it offers a quiet retreat off Hobson Street. Our owner purchased this for his son to attend university, and it is now surplus to requirements.

This fabulous entry-level price offers a great opportunity to own a home in the CBD. Could it be your perfect first home, University accommodation or an investment rocket?

Beat the immigration boom—this apartment is ready to move into right away. This a well run building, Call for viewing times.

CV: $400,000 (2021)
Rates: $1,474.95
Annual Body corporate: $6,663.90 includes building insurance
Rental Appraisal: $650-$765 per week
Size: 49sqm (sourced off Property guru)

*Please note some of the photos have been digitally staged
*Gross return based on the medium rental appraisal of $707.50 p/w. With an estimated net return of 7.4%

Asking Price NZ$365,000
Bonnie Garton-Stack

Bonnie Garton-Stack


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Carla Pedersen

Carla Pedersen


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Investment


A great investment opportunity with profitable rental yield

Legal description


Stratum in Freehold

Local amenities


Abundance of inner-city amenities

Location


Prime central location