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2C/8 Heather Street, Parnell, Auckland City

An Ideal Investment Beckons

dollar

$495,000

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

Listing # CRE13397 | Listed on 13 April 2022

This modern, one bedroom apartment plus carpark in the Quest Hotel in Parnell is the ideal hands off investment and a great little money earner.

The location is perfect for corporates and holiday makers alike, being close to the Parnell shopping precinct, walking distance to the Auckland CBD, waterfront and the Auckland Domain.

The well maintained apartment is managed by Quest Parnell with 2 years remaining on the hotel lease plus a further two right of renewal terms of 5 years each. Monthly rental income is $2,527.30 including GST, or $30,327.57 including GST per year. Rental increases of 2% CPI per year.

Please call or email me for further information.

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Additional features

Other parking: Single Garage

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