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511/10 Ronayne Street

Auckland
2
1
N/A
42sqm
42sqm
511/10 Ronayne Street Auckland
Auction
Thursday 23rd July - 12:00PM
2 LORNE STREET, AUCKLAND CENTRAL
proudly marketed by
City Realty Limited Licensed Agent (REAA2008)
MONEY AS AN ENDANGERED SPECIES.
MONEY AS AN ENDANGERED SPECIES. The return on your hard earned savings from your bank is under 2%. Pretty soon, the major trading banks will be charging YOU to keep YOUR hard earned money in a safe and secure place. There is a better way for Mum and Dad investors to achieve much better returns and you've found it right here. You may not have a lot to invest however understanding the rate of return and how much you'd need to invest will answer this very question. This 42sqm two bedroom apartment in "The Landings" building must be approached as an investment that'll give you a decent, inflation proof return on your savings well into the future. What will this rent for on today's market post the "Covid effect"?. Let's say $420 per week fully furnished, that's $21,840 per year, you then deduct your costs such as body corp fees AND then you divide that figure by how much money you'd like to spend and there is your rate of return. Is that rate of return in double digits? Don't forget the Pool, Gym and Tennis Court as excellent facilities for either your tenants or you as an owner occupier. Whatever your desired rate of return is, no matter how greedy or guilty you feel about how much return you want DON'T BE! We would not discourage you from contacting us no matter how outrageous your purchase price. Our "out of town" sellers are original owners and have recently spent money on new carpet and paint but are not interested in being landlords in Auckland any longer. They offer this seriously affordable apartment vacant so you can start yielding a real rate of return on the day you take possession. It's time to take the power back and ensure that YOUR savings do not end up on the critically endangered species list, contact us today for a same day reply.
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Upload by Grant Drummond
Auckland Central