10 Ronayne Street, Auckland Central NZ

$189,000

2498
2499

10 Ronayne Street, Auckland Central NZ

Web Ref: 9614416

  • 2 beds
  • 1 bath
  • 1 Car

$189,000

Beat the Bank! Name your return!

10 Ronayne Street, Auckland Central NZ

  • 2 beds
  • 1 bath
  • 1 Car

$189,000

Web Ref: 9614416

Beat the Bank! Name your return!

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 47sqm (more or less) 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 $500 per week , that's $26,000 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. 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!

Please note this is a leasehold property.

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