Auckland Grammar zoned and popular complex with high rental demands, only minutes to University and Queen Street. Leasehold title property ground lease until year 2086 so plenty of years remaining!
This spacious two bedrooms offers large windows & plenty of natural light, sunny all day long.
Secured carpark is certainly convenient.
Current TOTAL outgoings are reasonable at $18,508.38/year ($355.93/week) including Ground rent, Operating expenses and city council rates, breakdown are as follows:
Ground rent $11,829.65/year fixed until 1st December 2028, renews every 5 years until 2086, it has been renewed four times before (2008, 2013, 2018, 2023).
Operating expenses: $4,944.88/year (1st April 2025 to 31th March 2026) including building insurance
City council Rates $1,733.85/year (2025)
Superb top-town location, with the CBD, Universities, transport and entertainment only moments from your door.
Grab this opportunity, move in or invest, you can't go wrong, call 021386768 today!