171 Queen Street, City Centre
- This location has been autonomously mapped, it may not be exact.
171 Queen Street, City Centre
SOLD
OVER 6% NET RETURN
This beautifully-presented FREEHOLD studio apartment is currently being used as a short-term rental, achieving over 6% NET return on the current asking price (that's after body corporate fees, council rates and property management fees have been paid). Who knows where it will be after negotiations?
The apartment is located in the secure, well-managed and prestigious City Life complex, and being in the down town portion of Queen St, it's primed for performance to capitalise on the flood of tourism coming into Auckland (America's Cup is next!).
The apartment comes fully furnished to a high standard and has a kitchenette - rare for studio apartments in this complex - giving you plenty of options: to continue renting it short-term, tenant it long term, or live in it yourself.
If you're an investor, this one ticks all the boxes. It is a hands-free, stress-free investment that gives you massive returns. Plus, it gives you nice place to base yourself in Auckland's CBD.
You’re going to want to act quickly; when a versatile unit like this one hits the market everyone wants a piece of the pie.
Call now or you might miss out!
Facts & Features
Title Type
Freehold
Rates
$945.53
Rental Appraisal
$390-$430 /week
Pets
No Pets
Harry Jordan
Peter Lambe
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
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