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Ray White Auckland Central - City Realty Limited, (Licensed: REAA 2008)
Steve King Steve King

103/8 Lakewood Court, Manukau

Asking price $390,000

Listing Description

Listed: Fri, 6 Jun

7.6% NET YIELD AT $390,000

103/8 Lakewood Court, Manukau, Manukau City, Auckland

Asking price $390,000

Details

  •   2 Beds
  •   2 Baths
  •   63m² Floor
AttributeValue
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


Open home times

No times scheduled

Property Files

Steve King

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Agent's details

Steve King

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Ray White Auckland Central - City Realty Limited, (Licensed: REAA 2008)

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