In the heart of Parnell, a freshly upgraded exterior, this three level property is great for families and smart investors.

• Leasehold 3 bedrooms, 2 bathrooms & single internal access garage
• City Fringe Living : Walking distance to public transports
• Centre to city & Parnell shopping, entertainment, bars & clubs
• Countdown
• Close to Auckland University, Auckland Hospital, Auckland Domain & Vector Arena

Yes, it is Leasehold, but please do your maths. With annual outgoings at approximately $18624 per annum (including ground rent approximately $13947 + Body corporate fees & rates and annual income at approximately $42120 per annum (see attached rental appraisal $810/w) that's a potential yield of 9% pa.

Producing approximately $23496 cash surplus per year, imagine the pleasure of freezing your rent or outgoings every 7 years in a premium location.

Make an offer today.