Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008

Real Estate Agents

Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
246 Queen Street
Auckland Central
Auckland 1010
Listing #:
CTA44971
Listed:
20 days ago

Auction (unless sold prior)

Thu 28th Nov 12:30pm

2 BED - DECLARED RESERVE $399,000

309/8 Lakewood Court, Manukau, Manukau City
Apartment
bedroom
2 Bedrooms
bathroom
2 Bathrooms
floorarea
63m2 Floor Area
About this property
Are you a CONFIDENT INVESTOR?

This freehold 2 bed 2 bathroom at Lakewood Plaza will appeal to those who can see through the current remedial issues in the building and buy with an eye to the future. Recent remediation to this favoured corner apartment is complete with special levies paid, and with interest rates now heading down, you could sit and let time do its thing.

• Currently tenanted $610pw through to 30 Sept 2025
• Shows a gross yield of 7.95% or 7% after management at $399k
• CV $680,000
• All appliances- fridge/freezer, washing machine, dryer, microwave, heat pump and blinds
• On site health club includes a full commercial gym, in-door swimming pool, plunge & spa pool, steam room & sauna.

The location is second to none, with major growth projected for Manukau. Lakewood Plaza is within walking distance of the train station and buses, close to AUT and Westfield, and minutes to the airport.

The vendors have commitments elsewhere and want this property sold. This will likely be the best buying at Lakewood Plaza.
Early viewing recommended.

To find out more….call Steve 021 942456. E Mails should include a phone number for faster response

Sat 23rd Nov 1:00pm ~ 1:30pm

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