1013/438 Queen Street Auckland Central, Auckland City

The owner of this two room flexi apartment has decided to cut through the noise……..I have been
instructed to take this Freehold property to auction with a DECLARED RESERVE OF $420,000, well under
the CV and well under what similar apartments of this age have been selling for.

• Current Rental income $645pw $33540pa
• Periodic Tenancy - 42 days notice to move in yourself
• Yield at $420,000 is 7.99% Gross before prop management or $6.25% Nett ( after BC & rates )
• Body Corp $5261.56 pa incl insurance. Rates $2047.41 pa
• Air BnB options available.
• Incl Furniture Package
• Bank Friendly
• Pet friendly
• West facing high level corner apartment with big views

- Smart investors will recognize the opportunity to beat bank deposit rates or own a low input
cash generating property with potential capital growth upside.

- First home buyers will recognize the bank friendly funding option, affordable body corp fees and
easy move in options.

Queens Square was completed 8 years ago by reputable developer Conrad Properties, has a pool, gym,
on-site building manager and secure gated access. An easy walk to Aotea Square, underground rail link,
close to AUT, university, Auckland Grammar school zone, restaurants & shops.

Your viewing is recommended - Instructions are clear. This property is to be SOLD
To find out more….call Steve 021 942456. E Mails should include a phone number for a faster response

All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: floor and land sizes, boundary lines, boundary lines, underground services, scheme plans or consents.