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20/507 Park Avenue, Ellerslie

Asking price $389,000

Listing Description

Listed: Tue, 29 Apr

Freehold - Exclusive Studio Sanctuary - High Yield

20/507 Park Avenue, Ellerslie, Auckland City, Auckland

Asking price $389,000

Details

  •   1 Bed
  •   1 Bath
  •   1 Living area
  •   30m² Floor
Other Features
  •   1 Separate toilet
AttributeValue
Property type
Apartment
Agency reference
21491548
Broadband in the areaFibre, ADSL, Satellite, VDSL, Wireless

Description

VIEWINGS: STRICTLY BY APPOINTMENT ONLY: (due to being currently tenanted)

Elevate your lifestyle in this luxurious studio apartment nestled in the prestigious Park Avenue, The Residences at LQ Ellerslie. Perfect for discerning professionals or couples, this apartment offers a haven of comfort and convenience with panoramic city views. Owner-occupiers and investors alike will appreciate the elevated urban aspect with every desired lifestyle amenity only moments away.

Currently rented at a 6.5%+ return on investment.

Exceptional Features:

Freehold Studio Apartment: Enjoy the freedom and security of owning your space

Rental Appraisal: $500 per week (furnished)

Rates (per annum): $1,395.54

Body Corp Fees (per annum): $1,884.34

Rental Yield: A lucrative nearly 7%

Luxurious Amenities:

Premium Bathroom: Revel in the beautifully appointed bathroom with premium fixtures

Residents'

Rooftop Garden: Enjoy the free use of the rooftop garden and BBQ area, an ideal spot to soak in the summer vibe

on-Site Gym: Stay active with complimentary access to the on-site gym facilities

Prime Location:

Ellerslie Township: Immerse yourself in the vibrant atmosphere of Ellerslie with its diverse restaurants, local shopping, and easy access to public transport

School Zoning & Proximity:

Schools: In addition to being within the school zone for One Tree Hill College, Ellerslie School, and Baradene College, this prime location boasts proximity to numerous prestigious private schools

Convenient Access: Easily connect to Auckland's Motorway network

Transportation: A mere 5-minute walk to the Ellerslie Train Station

Shopping Hub: Newmarket is only an 8-minute drive away

City Access: Downtown Auckland is a short 15-minute drive

Retail Therapy: Sylvia Park is just a 9-minute drive away

Don't miss out on this exceptional lifestyle opportunity-secure your spot in this prime Auckland address today


Open home times

No times scheduled








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Agent's details

Tracy Corneal

Enquire about the property

Bespoke Real Estate Limited, (Licensed: REAA 2008)

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