1E/2 White Street Auckland Central, Auckland City

Discover a unique opportunity at 2 White Street to purchase 1 bedroom on the FREEHOLD title in the Bianco building, Auckland CBD. These units are amazingly popular with Investors and owner-occupiers alike. The building currently has remedial issues, only looking for the cash buyer. Owner Loss, Your Gain.
Perfectly situated in the University Precinct, just steps away from Queen Street, the Town Hall, and Sky Tower offer a tranquil oasis in the midst of the city's vibrancy, vacant and ready to rent out or live in. Investors could look into the perfect net yield rather than the remedial issue.

Property Features:

• Freehold property with a total area is approx. 40m2 more or less
• Vacant ready to rent out after settlement date!
• 1 bedroom and 1 bathroom
• In Zoned for Auckland Grammar School, Freemans Bay School, Ponsonby Intermediate
• The building has some remediation work that is required to take place and is detailed in the AGM/EGM documents.
• CV $225,000, Buyer over $50,000 do not miss out on this great opportunity!
• Property rates $1,948.47 per annum
• Rental Appraisal $450.00 - $480.00 per week
• BC: $5016.99 per annum | 18/12/2022 - 18/12/2023
• Auction 16 Nov 2023 at 12:30 PM (unless sold prior) at L3/246 Queen Street, Auckland Central

Don't miss this outstanding investment opportunity in the sought-after Bianco apartment complex. Contact May Ma at 021 821 600 or Mark Li at 021 330 678