


Listing Description
Investor Attention! Over 17% Net Return!
4A/11C City Road, City Centre, Auckland City, Auckland
Asking price $119,000
Details
Attribute | Value |
---|---|
Property type | Apartment |
Parking | 2 Car Garage |
Agency reference | 914745 |
Broadband in the area |
Description
Here is your great opportunity to lock up this rare inner-city Corner pad in the popular Q-Central apartments! This well-maintained LEASEHOLD apartment boasts two generous-sized bedrooms, one bathroom and TWO car parking spaces!
Enjoy open-plan living with a modern kitchen and dining area that flows seamlessly onto the North-facing balcony - ideal for relaxing or entertaining. Floor-to-ceiling windows and sliding doors in each bedroom provide ample natural light and ventilation, creating a bright and welcoming space.
Key features:
- Leasehold Title
- 2 decent-sized bedrooms + 1 bathroom
- 2 Side by Side carpark add a great bonus
- Only one apartment per floor, meaning you won’t have any immediate neighbour beside you-offering maximum privacy and a more peaceful living environment.
- Internal floor area of approx. 59sqm plus a North-facing balcony
- Current weekly rental income: $620 (apartment) + $100 (2 carparks, $50 for each carpark), make up $720/p.w in total
- Full furniture package is included
Annual outgoings:
- Ground Rent: $11,449.03/p.a (Ground Lease expired in 2086)
- Operating Expenses: $5,150.52/p.a (apartment of $4,435.59/p.a, carpark of $714.93/p.a)
- City Council Rates: $1,890.41/p.a
Situated in a prime location just steps away from Auckland University, Queen Street, top schools, the library, Aotea Square, and IMAX theatre. Surrounded by boutique cafés, fine dining, and luxury shopping. Quick access to motorways in all directions makes this location unbeatable!
A perfect lock-up-and-leave for city professionals, students, or investors looking for strong rental returns. Act fast - this one won’t last long! Contact Selina today to arrange a viewing!
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