Residential apartment investment opportunity

Mount Wellington, Auckland City

Price On Application

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c5tsgm

• Well-presented apartments over two levels providing constant cash flow
• 1 x 4 Bedroom , 1 x 2 Bedroom , 1 x 1 Bedroom & 9 Studio apartments returning $150,498 net income p.a
• Fully managed, easy care investment
• Highly sought after location with further development planned and underway
• A must see for investors of all types looking to diversify their portfolio with a high yielding asset.
• Registered Valuation of $2,215,000 plus GST (if any) dated 19th October 2018 (available upon request)

95 A&B Felton Mathew Avenue presents an opportunity for purchasers to secure a well presented residential standalone in the tightly held Saint John's precinct.

The property comprises apartments over two levels fronting Felton Matthew Avenue - a link road in a sought after catchment. A unique offering with attributes that will appeal to a wide range of purchaser types. Take advantage of the strength of the current rental market and build on current cash flow. A split risk investment that has been a consistently good earner.


Registered Valuation available upon request.

Greg Hall
021 0232 1884
greg.hall@bayleys.co.nz

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz .

Enquire about this business