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11 Durham Street, City Centre

Hero | 11 Durham Street, City Centre | Apartment Specialists
11 Durham Street, City Centre
  • This location has been autonomously mapped, it may not be exact.
  • Floorplan | 11 Durham Street, City Centre | Apartment Specialists
11 Durham Street, City Centre
$349,000
1
1
24m2

Character! Cashflow! Capital!

High quality studios are the most undervalued sector of the market right now. The rest of the property market has boomed in the last 18 months while this sector is only just getting started so the writing is on the wall where values will head as soon as the borders open and the city center rental market improves.

On top of that, new legislation and higher interest rates will increase the demand for high cash-flow such as this.

This New York Loft style studio is in the highly sought after Met & Soho Lofts. It's in good condition, ready for an immediate occupant but also a blank canvas for a buyer to add their own touch.

It's in the heart of a top location that's only getting better, with $14M planned to be spent on upgrading High Street and only a 5 minute walk away from Aotea Square where tens of millions of dollars is being spent on high-end apartments, hotels, the upgrade of Aotea Centre and of course the CRL Aotea Station.

Facts & Features
Title Type
Freehold
Rates
$1208.56
Body Corp Fees
$1932
Rental Appraisal
$320-$350 /week
Estimated Net ROI
4.09%
Jesse Smith | 11 Durham Street, City Centre | Apartment Specialists

Jesse Smith




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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    This location has been autonomously mapped, it may not be exact.

    11 Durham Street, City Centre

    $349,000