Tired of searching and competing with the masses for a property that will offer a great return and an upside in this intensely heated Auckland Market? We urge you to take the time to understand the remedial work required within this highly sought after, solid concrete development.
This complex has imminent remedial work with a very well informed and educated committee leading charge. As a successful purchaser, you will have to contribute towards the repair costs, which has been overcompensated for in our vendor's price expectations.
Similar sized two bedroom apartments with two secure car parks and stunning views are selling for nearly double the asking price of this property.
The equation is very straight forward, take your purchase price, add your repair costs plus a reasonable margin for error and the upside will become crystal clear.
Finance available to approved purchasers (subject to T&C's) or alternatively if you have existing equity in another property, you're already one step ahead of the competition. The good news is, you won't be competing against every crazy buyer with bank funding in an auction room. Less competition equals lower price. Lower price equals a higher yield.
To learn more about this interesting niche in the city market, please call for a chat.
