Listed: Wed, 20 Nov

It's So High!

606/133 Beach Road, City Centre, Auckland City, Auckland

Asking price $70,900

1 Bed
1 Bath
19m² Floor

Attribute	Value
Property type	House
Agency reference	HPV3232
Broadband in the area	Fibre, ADSL, Wireless

Attention investors, the last four units like this were all sold within 2 weeks. Below is a summary of 606/133 Beach Road in Auckland Central:

Address: 606/133 Beach Road Auckland Central Layout: Studio Size: approximately 19 sqm Tenure: leasehold Income: currently tenanted at $330/week, fixed till 20/Nov/2025. Many similar units are rented for $380-$400/week. It is currently out of the management pool.

Outgoings are as follows: Operating expense: $3,838.87 incl. GST per annum LTMF: $552.33 incl. GST per annum Ground Rent: $4,467 incl. GST per annum Council Rates: $1,272.49 incl. GST per annum Total Outgoings: $10,130.69 per annum

The ground rent review for this building went really well last year. The increase was very reasonable. It's only about 12.5% increase for the last five-year period. And the next review is over 4 years away.

Asking Price: $70,900 incl. GST

Call Ron and Zoran to secure this property today. Photos are taken from a similar unit.