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1308A/32 Swanson Street, Auckland Central, Auckland City

DUAL INCOME - DUAL KEY

dollar

Asking Price $685,000

Apartment
Apartment
Bedroom
2
Bathroom
2
Floor area
70m2
Swimming pool
Swimming pool
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Property details

Listing # L42447241 | Listed on 1 September

So what is a DUAL KEY and why are they great investments?

You get two self-contained freehold apartments, two income streams, one title. That means just one body corp fee and one council rates demand, but double the rental potential.

The numbers:

  • Currently generating $550pw, with the second unit advertised at $495pw
  • Combined potential: $1045pw / $54,340pa
  • Body Corp (incl. insurance): $6741pa
  • Includes furniture packages, all appliances & heat pumps

GREAT CASHFLOW - could be cash positive
GREAT HOME AND INCOME OPTION - live in one and rent the other, or rent both

Each apartment is fully self-contained with its own kitchen, bathroom and laundry. Set right next to St Patricks Square, it's just minutes' walk to the Viaduct, Wynyard Quarter and Britomart transport centre, with the bonus of big views. Residents also enjoy a swimming pool and gym, in a development built by well-established Conrad Properties approx. 9 years ago.

If you're after a low maintenance, easy to manage income stream in a prime location, this is worth a look.

Instructions are clear - this property is to be SOLD.

To find out more, call Steve on 021 942 456.

If emailing, please include a phone number for a faster response

** images have been virtually staged.

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Additional features

Water closet
2 Separate toilets
Other Features: Washer/Dry combo (2),Fridge (2),Furniture Package (2)

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