


Listing Description
7.6% NET YIELD AT $390,000
103/8 Lakewood Court, Manukau, Manukau City, Auckland
Asking price $390,000
Details
Attribute | Value |
---|---|
Property type | Apartment |
Capital value (CV) | $780,000 |
Agency reference | CTA46142 |
Description
Location;- 103/ 8 Lakewood Court, Manukau Auckland
Rooms;- 2 bedroom, 2 bathroom. CV;- $780,000 Floor Area;- 63m2 Price;- $390,000
Instructions are clear. THE OWNER WANTS THIS SOLD
- Dual Key Apartment weekly income $895
- Net Yield 7.6% after all outgoings incl property management
- Net Yield 8.8% if self managed
- GREAT CASHFLOW
This freehold Dual Key apartment will appeal to confident investors that can see through the current remedial issues in the building with an eye to future upside. SIMILAR APARTMENTS WERE SELLING OVER $600k A FEW YEARS AGO. Special levies will be paid by the vendor at settlement.
A Dual Key is two apartments on one title, both self contained. Generating $510pw from the one bed and $385pw from the studio. In demand by tenants, they like the commercial gym & in-door swimming pool.
- Includes full furniture packages, all appliances, heat pumps & blinds
- Live in one, rent the other or rent both. Great home & income option
- Excellent Condition
Great location - Lakewood Plaza close to Auckland airport, an easy walk to Westfield, train station, buses and close to AUT
MUST BE SOLD………..vendors loss, your gain
To find out more….call Steve 021 942456. E Mails should include a phone number for faster response
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