Residential for sale in Auckland, Scotia Place, Auckland Central, 31 m²

Auckland, New Zealand, 1010

Residential

NZD 139,000

• 1 bedrooms
• 1 bathrooms
• 31 sqm

A park-side sanctuary for the savvy cash buyer. Forget the low-yield "safe" bets. This is a high-performance, freehold asset tucked away in a quiet lane with Myers Park as your backyard. At the list price, this 29m² (approx.) one-bedroom unit delivers a massive 9% net return-a figure almost impossible to find elsewhere in the CBD. The Investor Advantage • High Yield: A genuine 9% net return at list price. • $400 PER WEEK! • Priced specifically for cash-only buyers due to known building maintenance requirements. • Capital Gains: Secure this now well below market value and reap the rewards once the building works are complete. • Freehold Title: No leasehold headaches here. The "Walkable" Lifestyle • University Hub: Steps from UoA and AUT-the ultimate high-occupancy rental or student crash pad. • Prime Transit: Minutes to Queen Street, Aotea Square, and major bus routes. • Nature at the Door: Rare, unobstructed views of Myers Park. Our owner has moved on and is highly motivated to sell. This is strictly for those who understand the value of buying into a building with "upside" potential. No hesitation-this must be sold. Note: Cash buyers only. Areas and measurements are approximate.…