info@independentagent.co.nz
PARK-SIDE CASH MACHINE | 9% NET RETURN | $139k
Scotia Place, Auckland Central, Auckland City
1
1
31m2
Apartment
For Sale
$139,000
1
1
31m2
Apartment
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 29m² (approx.) one-bedroom unit delivers a massive 9% net return-a figure almost impossible to find elsewhere in the CBD.
The Investor Advantage
• High Yield: A genuine 9% net return at list price.
• $400 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 once the building works are complete.
• Freehold Title: No leasehold headaches 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.
No hesitation-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
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