1029/21 Whitaker Place Grafton, Auckland City

This purpose-built 3 bedroom student accommodation unit will provide you with a steady income stream throughout the year.

Leased to a professional student accommodation provider, there are no worries about management. Relax and enjoy the monthly direct credit, knowing that your investment will be assisting lots of young people just starting out - it's a win-win situation!

Net annual income to February 2025 - $10,200 - This is all profit after body corporate, rates, management fees, electricity and fixtures and fittings contribution (one less thing to worry about).

Lease terminates 17 May 2026, so options are bound, possibly enter into a new lease or enter into residential tenancy or accommodate your own kids through university.

Andrew Bond 021-879-186 andrew.bond@raywhite.com