Freehold 11% Net At List Price!

8 Scotia Place, Auckland Central, Auckland City

1
1
House
For Sale

$139,000

1
1
House

A park-side sanctuary for the savvy cash buyer.

Forget the low-yield “safe” bets. This is a high-performance, freehold asset tucked away in a quiet lane with Myers Park as your backyard. At the list price, this 1 bedroom, 1 bathroom, West Facing 28m² (approx.) Delivering a massive 11% net return-a figure almost impossible to find elsewhere in the CBD.

The Investor Advantage
• High Yield: A genuine 11% net return at list price.
• $425 PER WEEK!
• Priced specifically for cash-only buyers due to known building maintenance requirements.
• Capital Gains: Secure this now well below market value and reap the rewards.
• Freehold Title: No leasehold brain-aches here.

The “Walkable” Lifestyle
• University Hub: Steps from UoA and AUT-the ultimate high-occupancy rental or student crash pad.
• Prime Transit: Minutes to Queen Street, Aotea Square, and major bus routes.
• Nature at the Door: Rare, unobstructed views of Myers Park.

Our owner has moved on and is highly motivated to sell. This is strictly for those who understand the value of buying into a building with “upside” potential.

This must be sold.

Note: Cash buyers only. Areas and measurements are approximate. Buyers should conduct their own due diligence.

Call Marcus now 021 43 55 16

Inspections

No inspections are currently scheduled. Contact the agent to arrange an appointment. Contact agent
Licensed Salesperson

Auckland CBD, Grafton, Newton, Eden Terrace & Newmarket

Location

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Contact

Get more information

Register your interest in this property to receive more information. We’ll get back to you as soon as we can.

Subscribe Consent

Contact the agent directly

Licensed Salesperson

Auckland CBD, Grafton, Newton, Eden Terrace & Newmarket

Similar Listings

Licensed Salesperson
Auckland Central
$59,995

Waterfront City Pad

13/137 Quay Street, Auckland Central, Auckland City
This furnished apartment is a true lock-up-and-leave opportunity-ideal for busy professionals, out-of-town owners, or anyone seeking a low-maintenance property in a premium downtow...
1
1
41m2
Apartment
Licensed Salesperson
Auckland Central
$220,000

Waterfront Living Redefined

Quay Street, Auckland Central, Auckland City
Discover an exceptional Level 1 apartment in one of Auckland's most prestigious waterfront addresses. Located right on the water at Shed 24, Princes Wharf, this rare offering deliv...
1
1
Apartment
Licensed Salesperson
Auckland Central
$699,000

SKY HIGH | NORTH-FACING | 3 BEDS | $699k

152 Hobson Street, Auckland Central, Auckland City
Forget the "lower floor" alternatives-this is the high-value, high-elevation opportunity you've been waiting for. Located in the top quarter of the building, this property offers t...
3
2
1
82m2
Apartment
Director
Auckland Central
$1,895,000

Spacious 5 star Living - Vendor has purchased!

1912/26 Albert Street, Auckland Central, Auckland City
Spacious 5 star Living - Vendor has purchased! Positioned high above in Auckland's exclusive "Residences on Albert" is this exquisite and beautifully presented three-bedroom, t...
3
3
2
160m2
Apartment
Licensed Salesperson
Auckland Central
$399,000

Spectacular Waterfront Views

34/147 Quay Street, Auckland Central, Auckland City
Step into premium viaduct-side living with this beautifully refreshed corner apartment, perfectly positioned to capture some of Auckland's most iconic views. Recently redecorated...
2
2
1
101m2
Apartment
Licensed Salesperson
Auckland Central
$110,000

Waterfront Chic City Pad

12/137 Quay Street, Auckland Central, Auckland City
Floor-to-ceiling windows wrap almost 270 degrees around the apartment, framing stunning vistas over the ferry terminals and the city skyline. The westerly-facing balcony is perfect...
1
1
62m2
Apartment

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Interested in this property?

Please complete the form below and one of our friendly team will be in touch soon.

Subscribe Consent
Email