Great investment opportunity. Asking $520k

An outstanding opportunity for investors seeking immediate income, strong fundamentals, and minimal hassle. This top-floor, one-bedroom unit is being sold by an overseas owner and comes with a quality, professionally managed tenant on a fixed tenancy until 20 November 2026, with the tenant keen to remain. Simply settle and collect the rent.

The property is rented for $450 per week on a fixed tenancy until the 20/11/26. The tenant is happy to stay on. Giving a gross income of $23,400 pa.

Healthy Homes compliant and offered as a going concern, this is a smart, low-risk addition to any portfolio.

Located just 250 metres (easy walk) to Highbury Shopping Centre, with ultra-fast city commuting literally at the doorstep, the position ensures ongoing tenant demand. Add to that a secure garage, lock-and-leave convenience, and elevated sea and city views, and you have an asset that consistently performs.

Built in the late 1970s with solid block construction, the unit features modern open-plan living, one-level layout, and a full-width viewing deck capturing sweeping views of Rangitoto, the inner Waitematā Harbour, and the CBD - a proven tenant pleaser day and night.

Secure, well-located, and easy to manage, this property also appeals to future owner-occupiers, downsizers, or parental investors - protecting long-term resale value.

Location. Income. Security.
Not an auction - motivated vendor, act quickly.

Stephen Wells | 0274 818 181
stephen.wells@raywhite.com

Contact Stephen to discuss further