Guaranteed rent, you choose the return!Auction: 12.30pm, Thursday 14th July (unless sold prior)
Location: In Rooms - 2 Lorne Street, Auckland Central
Want to make a safe investment that has a guaranteed positively geared cash flow? Apartment 8D is certainly the one!
With Guaranteed rent and a rent increase by 2% every year in November, this will sure make it a better investment then the stock market and some of the apartments in Town!
Situated on the 8th floor is this one bedroom, 40sqm apartment on the quiet side of the building.
• Ground rent - $6,818.56 per annum
• Operating expenses - $4,852.00 per annum
• Garaunteed rent - $1749 per month ( increases by 2% each year in November )
• Return - 15% potentially
The location for this building is one of the best, with Myers park across the road, the popular K'road just 50 metres up the road and Downtown just a stroll away!
The owner's circumstances have changed and they wanted this sold yesterday! So call me today to find out more information!