This one is for buyers who read the numbers, not the noise. A 45 square metre one bedroom apartment with secure off street parking, in Eden Green on 43 Edwin, right in the heart of Mount Eden and inside the double grammar zone for Auckland Grammar and Epsom Girls Grammar.

The appeal is simple: a net yield on current rent above 7 percent, in an address that holds its value through any market.

Built in 2018, the building sits well inside its 10 year warranty with remedial work having been identified. Early cost indications are available with the body corporate in the process of lodgin a claim to recover the repair costs.

Lending is paused while this plays out as a result, so the sale is cash buyers only, and that's exactly where the value is: less competition, a keener price, and a committee working on cost recovery for you.

The vendor is selling reluctantly due to other commitments. Their loss is your gain. For a cash buyer who understands the position, this is a rare opportunity to secure a foothold in one of Auckland's best zones at a heavily discounted price.

Enquire today for the full information pack and to arrange your viewing.

Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.