About this property
Beat The Bank and Invest Here
Grab this opportunity with both hands, this funky leasehold studio apartment is just seconds from Remuera village. Facing west on the ground floor with lovely garden views in the Courtney Mews. Such a great little bolt-hole!
All your outgoings are inclusive; ground rent, power, water, insurance and ground maintenance and rates at approximately $300 per week.
This apartment has been rented recently for $390 per week.
You do the math!
With annual outgoings at approximately $15,634 per annum and annual income at approximately $20,280 per annum that's a potential yield of 5.8%/pa.
Put the spare cash back into ongoing titivation for the apartment itself!
If you are an owner occupier you can secure your tenancy as the lease is in place up until 2035 and renewed in perpetuity.
Hmmm, imagine the pleasure of freezing your rent or outgoings every 7 years in a premium location.
Call us to view and to put your best offer forward.