155 Queen Street, City Centre
- This location has been autonomously mapped, it may not be exact.
155 Queen Street, City Centre
$129,000
CBD Car Park - Prime Location
Presenting a secure, covered car park on New Zealand's most renowned street that represents a perfect solution for those who want a permanent car park in the heart of the city.
If not for your own use, the investment proposition is attractive. You see, the council is trying to reduce the number of cars coming to the city, so new developments are limited to how many car parks they can have. The disparity between dwellings and car parks gets bigger, which will result in increased demand due to the lack of supply. Economics 101!
Just look at all the other major cities in the world and what the car parks are selling for, the writing is on the wall!
Facts & Features
Title Type
Freehold
Rates
$207.06
Rental Appraisal
$95-$80 /week
Estimated Net ROI
2.12%
Lai Nguyen
Sovannara Meak
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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