Following a successful ground rent arbitration, annual holding costs have been reduced by 15%, significantly improving the investment fundamentals of this fully furnished, turnkey one-bedroom apartment in Lighter Quay Stratis.

Investment Snapshot

• Total Annual Outgoings: $15,960.24 (Ground Rent $6,184.28 | Body Corporate $7,940.12 | Rates $1,835.84)
• Short-Stay Rental Appraisal: Up to $80,000 gross p.a.
• Long-Term Rental Appraisal: Approximately $680 gross per week

With substantially lower holding costs and strong income potential, the investment fundamentals have rarely looked better. Run the numbers and you'll quickly see why this opportunity is attracting investor attention.

A detailed investment cash flow analysis, including purchase price and indicative yield scenarios, is available on request to help you assess the opportunity.

Whether you're looking to maximise returns through premium short-stay accommodation, secure a quality long-term tenant, or simply enjoy one of Auckland's most desirable waterfront locations yourself, this apartment offers exceptional flexibility from day one.

Lighter Quay is equally popular with investors, professionals, downsizers and retirees. If you're ready to swap the upkeep of a larger home for a secure, low-maintenance waterfront lifestyle, this could be the perfect city bolthole. Residents enjoy an indoor heated lap pool, gymnasium, spa and sauna, just moments from Wynyard Quarter, the Viaduct, Commercial Bay and Auckland's waterfront.

Our vendor is reducing a long-held investment portfolio and is committed to selling at auction, creating a genuine opportunity for buyers.

Auction - Thursday 30 July , 2pm (Unless Sold Prior) In rooms at Level 6, Tower A/167 Victoria Street West, Auckland CBD

Call Dan or Rodney today to arrange your private viewing or request the detailed investment analysis.

Conjunctionals welcomed from all agencies.

Disclaimer: Information supplied by the vendor and third parties is believed to be accurate but is not guaranteed. Purchasers should rely on their own independent investigations. Rental appraisals and yield scenarios are indicative only. Some images may be digitally staged.