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URGENT SALE REQUIRED - PRESENT ALL OFFERS

1,2 & 3/39 Simkin Avenue

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Marketed by Suzie Cox

URGENT SALE REQUIRED - PRESENT ALL OFFERS


1,2 & 3/39 Simkin Avenue

St Johns, Auckland

Asking Price $200,000

Marketed by Suzie Cox

If you want to line your pockets then look no further.

In the heart of St Johns this 3 unit leasehold property is a wonderful investment with an annual gross return of over $64,000 with all 3 units rented. If you minus off the $15,600 ground rent (a 21 year lease from September 2006 renewable in September 2027) and the ACC rates, you are left with a healthy return.

Units 1 and 2 both have two bedrooms with long term tenants who are happy to stay - only the 3 bedroom Unit is at present up for grabs. Requiring a refurbishment there is scope to upgrade and increase your return or simply move in and enjoy an easy care lifestyle and elevated views.

The brick and metal weatherboard units each with a carport share the large site of 688sqm, plenty of room for the children to play.

If location is paramount then make a note to view this opportunity with shops, parks and transport all within walking distance and the bonus of being in zone for both St Thomas and Stonefields School and Selwyn College.

All conjuncting Agents welcome. For a viewing appointment call Suzie Cox on 027 2783 269

Property Details

Suburb stats

Property ID RMU34153

Category
Unit
Status
Current
Bedrooms
7
Bathrooms
3
Carports
3


Local Schools

* 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.

Primary
Intermediate
Secondary
Stonefields School - 1.5km away
Years 1-8
Co-ed
81 Tihi Street
09 527 7721


Stonefields School - 1.5km away
Years 1-8
Co-ed
81 Tihi Street
09 527 7721


Baradene College - 4.1km away
Year 7-15
Girls
237 Victoria Avenue
09 524 6019


Selwyn College - 1.5km away
Year 9-15
Co-ed
Kohimarama Road
09 521 9610


Baradene College - 4.1km away
Year 7-15
Girls
237 Victoria Avenue
09 524 6019



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Make an Appointment

Send an enquiry about this property to the agent


Suzie Cox


Licensee Salesperson

Mobile: 027 278 3269

Phone: (09) 520 9100


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St Johns, 1,2 & 3/39 Simkin Avenue

1,2 & 3/39 Simkin Avenue


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3

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Suburb Stats

St Johns


Median sale price in May 2022

$1,177,500

2% last month
9% same time as
last year

Monthly Trend

Total Sales in May 2022

20% last month
4 sales
67% same time as
last year

Monthly Sales