3/62 Gowing Drive Meadowbank, Auckland City 1072

Sold on 2 Feb 2018
  • 2 Beds
  • 1 Bath
  • 1 Car

Sold By

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Unit in Meadowbank

Great buying on Gowing!

  • 2 Beds
  • 1 Bath
  • 1 Car

This unit is a peaceful sun-drenched sanctuary. Being a front, and elevated, unit this property enjoys wonderful morning sun just pouring into the kitchen and lounge room - what a great way to start your day - with the sun moving around to both bedrooms later in the day.
With two spacious double bedrooms this property is perfect for a professional couple or small family looking for a handy location without a huge price tag or mortgage. Get yourself established in your own home while you save your pennies for a bigger home in years to come. The property could then be a wonderful cash flow positive rental to hold on to. Get out of the Auckland Property Market rat race and get into your own home. A single carpark visible from your balcony completes the picture and if preferred you can walk, bus or train anywhere from your central Meadowbank location.
Investors will see the potential with this property, which currently rents for $400 per week or $20,800 pa, and a ground rent of only $118 per week or $6,175 pa. A quick and simple re-fresh would be rewarded with a good rent increase in such a sought after location, multiplying your returns considerably. Current tenants are fixed to 10 March 2018.
On a 21 year perpetual lease, next lease and rent review is 13 years in November 2030, you have more than a decade to reap the rewards of savvy buying now.
Call today for your private viewing.
Zoned St Thomas's and Selwyn College - schooling is sorted

Features Include:
56m2 spacious sunny unit
One of only 4 in the block
2 bedrooms (both double)
1 bathroom including laundry
Off street carpark
Ground rent of only $6,175 per annum
Less than $120 per week ground rent!
Rent review not until 2030
Sit back and enjoy life without the worry

Viewing by appointment, call Angela (021 571 999) or John (021 446 889) to arrange a viewing

  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Curtains
  • F/Floor Cover
  • Light Fittings
  • Cooktop Oven
Property ID:





1 garage space