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409/88 The Strand, Parnell, Auckland City

ASTUTE INVESTORS - VERY GOOD RENTAL RETURN!

dollar

$239,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Title type
Leasehold
Garage
1
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Property details

Listing # 805883 | Listed on 13 April 2022

This is a LEASEHOLD fully furnished one bedroom apartment with balcony, secure carpark and storage locker in the luxury Mirage apartment complex. Offers investors a top rental return on rental income of $450pw.

The Mirage is a popular choice for owner occupiers, tenants and landlords. There's often a waiting list for a vacancy and there are landlords that own multiple rentals in the complex. Residents love the fabulous facilities including heating/cooling air-conditioning, swimming pool, indoor lap-pool, gym, sauna, spa, tennis court and outdoor BBQ facilities. Easy walk to CBD, Parnell, universities, French Market, waterfront and cafés. Mirage is a premium resort style apartment complex with a well-managed body corporate.

•150 Year Lease - Ground Rent Fixed to August 2025 at $446 per month ($5,352pa)

•Body Corporate Fee $292 per month ($3,500pa)

•Council Rates $1,230pa

•Currently Rented at $450pw ($23,400pa) Periodic Tenancy with long term tenant in residence

Do the maths, this is a great rental or city fringe pied-a-terre and for sale at asking price $239,000.

Contact me for more details and to arrange an appointment to view.

Interior photos used in this advertising were taken with some home staging prior to the tenant taking residence.

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