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H415/41 Gillies Avenue, Newmarket, Auckland City

Urgent Sale - Building to Settle Soon

dollar

$275,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Title type
Freehold
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Property details

Listing # 812442 | Listed on 13 April 2022

Occupying a prime site on the crest of Gillies Ave, The Newmarket Residences put you in the heart of one of Auckland's most desirable communities.

H415 - Hotel Studio 27m2 - Asking Price $299,000 PLUS GST

Total Gross Income = $16,500

Gross Return is 6.58% and Net Return (Include 10 day free Stay) = 5.09%

Newmarket is well known as Auckland's premier shopping, dining and entertainment district. With the $790 million Westfield Newmarket Shopping Centre only 2 minutes' walk away from the Newmarket Residences, access to endless world class shopping, restaurants and utilities will be at your fingertips. Hidden amongst the established shopping areas, hip new pockets are flourishing - bricked laneways are peppered with sophisticated eateries, cutting-edge fashion retailers and trendy homeware stores.

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