363 Queen Street, City Centre
- This location has been autonomously mapped, it may not be exact.
363 Queen Street, City Centre
SOLD
Effortless Investing - FREEHOLD
In the Quest Auckland building, 363 Queen street this fully furnished, Northwest facing studio with views over Myers Park with the option to lease it to the hotel or pay GST and use or rent the apartment yourself.
Currently, managed and serviced by Quest Hotel. You simply collect your share of the revenue with a bonus of enjoying two weeks of private use each year.
There is potential for huge returns with the reopening of the borders and return of tourists that will likely yield this apartment owner over 6% NET.
OVERSEAS INVESTORS! This can be classified as a commercial investment, so this is your way of gaining exposure to the Auckland property market. Being leased to the hotel also means that this will likely be exempt from the recent tax deductibility legislation changes.
Effortless investing with high returns has always been desired by several investors, but that number has recently increased as serviced apartments like this are becoming the hottest sector of the property market right now for investors! It's because of their REAL return! What's left in your hand after all costs including tax? Check out 5C/363 Queen Street, AUCKLAND today!
Get in touch today and we can go through the numbers
Facts & Features
Title Type
Freehold
Rates
$1143.32
Rental Appraisal
$410-$450 /week
Estimated Net ROI
6.79%
Pets
No Pets
Haydn Lewis
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).
Sneak Peek
Get a jump on the rest and get sent our latest listings before they go online.
