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Leasehold - Cash Positive or Financial Freedom

3/21 Simkin Avenue

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Marketed by John Campbell & Jane Horgan

Leasehold - Cash Positive or Financial Freedom


3/21 Simkin Avenue

Saint Johns, Auckland

Sold - 02.11.2023

Marketed by John Campbell & Jane Horgan

Cash positive prize-winner in the heart of St Johns. This is a must-see for astute investors and homeowners seeking affordability.

Wake up to sunshine and views across the Tamaki Estuary in this peaceful sanctuary in the sought after rear position. There is room to accommodate a small family with three bedrooms, open plan living, and complemented with a north-facing courtyard. This is a rare opportunity where you can maximize your investment return with the low ground rent of just $120 per week and a rental estimate of approx $600+ per week, or perhaps you have sold your family home to downsize and get back your financial freedom.

On the route between Remuera and The Bays, access to conveniences and amenities is fantastic, as are the transport options to carry you around the city. Zoned for popular Stonefields School and Selwyn College, if you are looking for a great location without the huge price tag, this could be just the ticket.

Features Include:

- 95sqm (approx) elevated spacious sunny unit - One of only three in the block - 3 bedrooms and 1 bathroom including bath - Add Value Opportunity - Ample storage throughout - Single carport - Shared laundry room with own washing machine - Ground rent of only $120 per week ($6,283 per annum) - Market Rent approx $600+ per week - Ground rent review in 2027 - Sit back and enjoy life without the worry

For more information, call John & Jane on 0800 WANT SOLD

Property Details

Property ID ORK30719

Category
Unit
Status
Sold
Bedrooms
3
Bathrooms
1
Carports
1


Local Schools

* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.

Primary
Intermediate
Secondary
Freemans Bay School - 1.0km away
Years 1-6
Co-ed
Wellington Street
09 360 1572


Ponsonby Intermediate - 2.1km away
Years 7-8
Co-ed
50 Clarence Street
09 376 0096


Auckland Girls' Grammar School - 1.3km away
Year 9-15
Girls
Howe Street
09 307 4180


Western Springs College - 4.4km away
Year 9-15
Co-ed
Motions Road
09 815 6730



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Send an enquiry about this property to the agent


John Campbell


Licensee Salesperson

Mobile: 021 446 889

Phone: (09) 520 6000

Jane Horgan


Licensee Salesperson

Mobile: 021 528 818

Phone: (09) 520 6000