105 Queen Street, City Centre
- This location has been autonomously mapped, it may not be exact.
105 Queen Street, City Centre
SOLD
Character, Capital & Cash flow
Easy to the tenant, certain to appreciate in value and in a building like no other.
Whether you’re looking to expand your investment portfolio or need a conveniently located city dwelling to suit the lifestyle of you or one of your children, this beautiful studio apartment is the solution.
Nestled in one of Auckland’s most historically significant, extravagant, solidly built and triumphant buildings; The Guardian Trust. This sought after character complex is literally worth its weight in marble…
With rental appraisals clocking in between $390-$440 depending on season and furnishings, it returns 5.5%-6.3% NET because the outgoings are so LOW!
I’m not joking… This building is literally constructed of solid marble and concrete - A construction so extravagant developers wouldn’t dare attempt to re-create such opulent work today. To do so would cost between $18,000 and $20,000 per square meter according to developers.
This makes this building as rare as it is beautiful, so expect the demand for this type of stock to continue climbing into the distant future!
For those of you who aren’t already familiar with this building, it is located on Queen Street, in the heart of the Central Business District, so there is no shortage of quality tenants. With the extensive developments that surround you, bringing plenty of future value to this area of the CBD, you cannot lose!
Facts & Features
Title Type
Freehold
Rates
$1172.55
Harry Jordan
John McCormick
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
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