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20/507 Park Avenue, Ellerslie, Auckland City

Freehold - Exclusive Studio Sanctuary - High Yield

dollar

$389,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
30m2
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Property details

Listing # 21491548 | Listed on 2 May

VIEWINGS: STRICTLY BY APPOINTMENT ONLY: (due to being currently tenanted)

Elevate your lifestyle in this luxurious studio apartment nestled in the prestigious Park Avenue, The Residences at LQ Ellerslie. Perfect for discerning professionals or couples, this apartment offers a haven of comfort and convenience with panoramic city views. Owner-occupiers and investors alike will appreciate the elevated urban aspect with every desired lifestyle amenity only moments away.

Currently rented at a 6.5%+ return on investment.

Exceptional Features:
Freehold Studio Apartment: Enjoy the freedom and security of owning your space
Rental Appraisal: $500 per week (furnished)
Rates (per annum): $1,395.54
Body Corp Fees (per annum): $1,884.34
Rental Yield: A lucrative nearly 7%
Luxurious Amenities:
Premium Bathroom: Revel in the beautifully appointed bathroom with premium fixtures
Residents'
Rooftop Garden: Enjoy the free use of the rooftop garden and BBQ area, an ideal spot to soak in the summer vibe
on-Site Gym: Stay active with complimentary access to the on-site gym facilities
Prime Location:
Ellerslie Township: Immerse yourself in the vibrant atmosphere of Ellerslie with its diverse restaurants, local shopping, and easy access to public transport
School Zoning & Proximity:
Schools: In addition to being within the school zone for One Tree Hill College, Ellerslie School, and Baradene College, this prime location boasts proximity to numerous prestigious private schools

Convenient Access: Easily connect to Auckland's Motorway network
Transportation: A mere 5-minute walk to the Ellerslie Train Station
Shopping Hub: Newmarket is only an 8-minute drive away
City Access: Downtown Auckland is a short 15-minute drive
Retail Therapy: Sylvia Park is just a 9-minute drive away

Don't miss out on this exceptional lifestyle opportunity-secure your spot in this prime Auckland address today

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