Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
Real Estate Agents
Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
246 Queen Street
Auckland Central
Auckland 1010
Auckland Central
Auckland 1010
- Listing #:
- CTA43796
- Listed:
- 22 days ago
Auction (unless sold prior)
Thu 30th May 12:30pm
White Plastic Coming
708/20 McCrae Way, New Lynn, AucklandApartment
-
- 1 Bedroom
-
- 1 Bathroom
-
- 52m2 Floor Area
About this property
Indications are that this complex will need to undergo a significant remediation project to repair construction defects.For those with cash and an appetite for risk & reward.. read on.
A proven strategy in investor circles, buildings with repair issues often lead to big profits once remedied and new Code Compliance Certificate issued. When common sense prevails spare change may be all you need to buy this FREEHOLD one bedroom apartment. Close to all of New Lynn's delights with the movies, mall and transport all on your doorstep.
A reliable and consistent rental income of $375 per week on periodic tenancy. So central, right in the heart of this entertainment and shopping precinct means that you'll never want for a tenant either now or in the future. While a remedial work plan is defined the rent keeps rolling in
It can be years before a plan is put in place. Sellers want to move on and buy their dream home so certain needs dictate sale making this a very committed seller indeed. Do not delay, these discounted deals are popular - and so affordable.
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