Available PropertyFiles:

  • /1. Body Corporate/
    • AGM June 2020.pdf
    • BC utility interest.pdf
    • Body corporate rules.pdf
    • EGM Sept 2020.pdf
    • Martin Square Revenue.pdf
    • ownership on map title.pdf
    • pre contract disclosure.pdf
  • /2. Title/
    • title.pdf

Property Description

An apartment with utility room income, providing a secure income circa 7.5% in return on a $795,000 purchase price - this is a great opportunity!

Featuring a two bedroom apartment currently returning $430 per week and laundry/plant room and office providing a further $690 per week. This is the perfect hands off money spinner. Current tenants are in a periodic tenancy.

Annual Body Corp Fees $4,337.27 for the apartment, $1,301.52 for AUR2, $1,143.24 for AUR3, $31.66 for half share on AUR4.

Annual Rates $1,061.92.

BEO $795,000.

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Terms of Supply

The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Bhakti Mistry

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022   +64 27 453 0992   bhakti.mistry@bayleys.co.nz   All Listings