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PARK-SIDE CASH MACHINE | 9% NET RETURN | $139k

dollar

$139,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
31m2
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Property details

Listing # L39915876 | Listed on 27 March

A park-side sanctuary for the savvy cash buyer.

Forget the low-yield "safe" bets. This is a high-performance, freehold asset tucked away in a quiet lane with Myers Park as your backyard. At the list price, this 29m² (approx.) one-bedroom unit delivers a massive 9% net return-a figure almost impossible to find elsewhere in the CBD.

The Investor Advantage


  • High Yield: A genuine 9% net return at list price.
  • $400 PER WEEK!
  • Priced specifically for cash-only buyers due to known building maintenance requirements.
  • Capital Gains: Secure this now well below market value and reap the rewards once the building works are complete.
  • Freehold Title: No leasehold headaches here.


The "Walkable" Lifestyle


  • University Hub: Steps from UoA and AUT-the ultimate high-occupancy rental or student crash pad.
  • Prime Transit: Minutes to Queen Street, Aotea Square, and major bus routes.
  • Nature at the Door: Rare, unobstructed views of Myers Park.


Our owner has moved on and is highly motivated to sell. This is strictly for those who understand the value of buying into a building with "upside" potential.

No hesitation-this must be sold.

Note: Cash buyers only. Areas and measurements are approximate. Buyers should conduct their own due diligence.

Call Marcus now 021 43 55 16

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