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310/26 Te Taou Crescent Auckland Central, Auckland City

Sold on 23 Nov 2023
  • 3 Beds
  • 1 Bath
  • 1 Car
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310/26 Te Taou Crescent, Auckland Central, Auckland City

Apartment in Auckland Central

Your just buying the income

  • 3 Beds
  • 1 Bath
  • 1 Car

We have for you a seriously motivated seller in The Grand Central apartments. You could buy this three bedroom character cash cow on your credit card and you don't even need to see inside. Imagine three bedrooms, three students and lots and lots of rental income, oh there's a carpark too that's seriously under performing.

Leasehold and cheap? You bet. A little tired? Not as tired as you might think.
What's the catch? The bank won't lend on it, you'll need a little bit of cash and the ability to read.
Upside? It's perpetual passive income for virtually spare cash...like...forever.

Grand Central Apartments located next to the Vector Arena in downtown Auckland is tailor made for affordable student accommodation. Mum and Dad? It's perfect for the offspring, safe and secure, central and cheaper than paying their rent and you'll always know where they are, buy it for next year...think ahead before everyone else wakes up.

Currently rented to three very motivated students collectively paying $570 per week not to mention drip feeding into this the income stream from the carpark; our sellers' have other plans, so out it goes apartment and carpark together...over and out.

Potential purchasers are strongly advised to seek their own legal advice before committing to purchase.
The carpark is on a separate title and not available for personal use.
Copy and paste the following for further info; "Please provide all disclosures including pre contract disclosure statement and viewing time"

Property ID:

CTA42853

Building:

40m²

Parking:

1 garage space

Bedrooms:

3

Bathrooms:

1