Marketed by Suzie Cox
Sold - 16.02.2024
Marketed by Suzie Cox
MASSIVE PRICE DROP - VENDOR SAYS SELL, OPEN TO OFFERS. VIEWING SAT 6th JAN AT 12.00pm
Where can you buy 3 units for under $300,000 in total in Auckland. This is unheard of however vendor has said they must sell and prepared to walk away with a loss.
In a prime location in the heart of St Johns, on offer are 3 very tidy brick and tile 1960's units, each coming with its own carport, lockup and further off street parking returning in excess of $72,000 per year in rent in total. There is also a further secure storage area in the carport.
Make no mistake, these are Leasehold units sitting on a 607sqm multi unit flat site with room to add further value, or with council and St John's Holdings consent perhaps add a further minor dwelling. Minus the $15,600 per annum ground rent and the $6550 rates per annum - you are left with a very tidy profit - it's money in the Bank!
The two top elevated units have views, one over to Half Moon Bay enjoying all the morning sun and the other over to Mt Wellington bringing in all the afternoon sun. The downstairs unit, also full of light, has easy access to the large lawn area out the back - a great entertaining area for all to enjoy. With similar floor plans, all units have spacious living areas and 2 double bedrooms.
All 3 units have been very well cared for by the vendor and tenants and are up to the healthy home standard. This is a one off opportunity to invest in this very sought after location, no money needed to be spent to enjoy this income.
Zoned for Stonefields School, Baradene and Selwyn College, these units will appeal to many. Vendors are committed to selling and will consider all reasonable offers.
Call Suzie directly for viewing times on 027 278 3269 - viewing is by appointment only.
Conjuncting Agents Welcome.
Property ID RMU38030
* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.