There's a certain type of property that doesn't need hype; it simply needs to be understood. This approximately 34 sqm Freehold studio apartment with a balcony in the Parkside Hotel & Apartments building, complete with a secure car park, is one of those investments that speaks for itself.
Currently rented for $475 per week, furnished. With some considered TLC, there is scope to reposition the rental closer to the $ 530-per-week mark.
Residents benefit from on-site amenities including a fitness centre and swimming pool. Positioned adjacent to Myers Park and quietly set just off Queen Street, the address places you within easy reach of Karangahape Road, universities, public transport links, and the daily essentials that drive occupancy. It's close enough to the action to attract renters, yet slightly removed from the busiest stretches.
The Body Corporate levy is approximately $8,200 per annum and notably includes insurance, hot and cold water, air conditioning, long-term maintenance fund contributions, and electricity charges. Auckland Council rates are approximately $1,500 per annum.
For further information or to arrange a viewing, please get in touch directly.