31 Day Street, City Centre
- This location has been autonomously mapped, it may not be exact.
31 Day Street, City Centre
SOLD
8.9% NET RETURN - FREEHOLD
AUCKLAND
Premium returns now with huge capital gain potential in the future.
The Avoka Apartments, 31 Day Street are pending a large remedial project that includes some significant upgrades.
Our seller is not willing to wait and has given us clear instructions to get this sold!
There is currently a long-standing tenant paying $450 p/w and an available car park that can be rented for another $50 p/w at least. Which means the net return off the asking price is 8.9%!!!
Best of all is the future value of this apartment. 31 Day Street is only 500m away from the K Road CRL station that is currently being developed with the expected completion date likely to align with the completion of the remedial project.
You will need to be a cash buyer or have equity so if that's you, call us today to arrange a viewing or make an offer.
Facts & Features
Title Type
Freehold
Rates
$1208.56
Rental Appraisal
$460-$490 /week
Estimated Net ROI
8.76%
Known Issues
- Weather Tightness
Pets
Allowed with BC Consent
Oliver Booth
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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