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2C/9 Victoria Street East, Auckland Central, Auckland City

Cashflow is King ! $65,500 NET INCOME!!

dollar

Deadline Sale

Apartment
Apartment
Bedroom
6
Bathroom
4
Floor area
142m2
On this page:

Deadline sale

Thursday
5:00pm
07
May

Property details

Listing # CTA47092 | Listed on 13 April

High-yield opportunity in the heart of the CBD. This six-bedroom apartment at 9 Victoria Street East is a short walk to Auckland Uni, Supermarket and new Aotea train station. It delivers a proven $65,506 net return per annum.

Six Genuine Double Bedrooms
All with natural light and space for queen beds, desks, and wardrobes.

Renovated for Performance
$100,000 plus upgrade in 2020 including additional bathrooms to avoid bottlenecks, multiple kitchen prep areas, extra stoves and fridges-perfectly set up for comfortable high-occupancy living.

Flexible Income Options
Rent by the room (currently maximised)
Or large group/student accommodation (walk to campus).

The Numbers:
Gross Income: $94,368 p.a. (After management)
Expenses: $28,862 p.a. (Covers Rates, Body Corp levies, Cleaning, Internet, and Electricity)
Net Profit: $65,506 p.a.

Motivated vendors = real opportunity.

Don't wait, wonder and worry-act now.

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