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 #:
- CTA45514
- Listed:
- 292 days ago
Asking Price $275,000
Hands-Off Investment in Prime City Location
511/421 Queen Street, Auckland Central, Auckland CityApartment
-
- 1 Bedroom
-
- 1 Bathroom
-
- 45m2 Floor Area
About this property
Apartment 511 at Kiwi on Queen is a freehold, bank-friendly property located on Upper Queen Street. It has an approximate area of 45 sqm and features one bedroom and one bathroom. The building boasts an on-site manager who ensures a secure and well-maintained environment.Located just a short stroll to many business offices and educational institutions such as Auckland University, AUT, and ACG, this address is ideal for students or professionals seeking proximity to education, work, and city conveniences. Upper Queen Street's vibrant location puts the best of Auckland's dining, shopping, and entertainment within easy reach.
This property offers investors a hands-off opportunity with a three-year fixed tenancy already in place. The current annual rental income (after property management fees) is $21,060, with a 2% yearly rent increase secured until the lease expires in August 2027.
With a steady rental income (up to August 2027) and a prime city location, don't let this rare opportunity slip by. Contact me today to schedule a viewing and make this property yours!
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