53 Cook Street, City Centre
- This location has been autonomously mapped, it may not be exact.
53 Cook Street, City Centre
SOLD
Views & Value
The title says it all really.
Facing northwest, it's rare to get views like this at these prices.
This FREEHOLD apartment that has been freshly carpeted is in the Aura complex at 53 Cook Street.
A complex known for being a reliable investment property over the years due to the complex being well run and developed by one of Auckland's most successful developers - Conrad.
This property has been a successful investment for this owner, having previously rented as high as $550, and is only letting go as other opportunities have arisen.
The real kicker here though is that these apartments are now also being purchased by owner occupiers, who view the complex as the easiest way to get on the ladder.
Why? Well at 49m2 internally, they're super easy to get bank lending on. The value they represent is better than 9 out of 10 buildings in the city. The views of these Northern facing apartments can't really be found for this price anywhere else.
This should be something investors also take note of as an apartment with views are due to be far more sought after than those without, and a complex that more and more owner occupiers are also buying in results in values usually going one-way long term.
Vacant and ready for viewing. Get in touch and we'll work around you.
Facts & Features
Title Type
Freehold
Rates
$1240.86
Rental Appraisal
$460-$490 /week
Estimated Net ROI
4.56%
Pets
No Pets
Sidharth Palat
Matt Kearns
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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