3/364 St Johns Road Meadowbank, Auckland City

Put your feet up and enjoy the expansive views on offer from this fantastic Eastern Suburbs location.
Built in the 1960s this brick and tile unit is the rear one of three and boasts 2 double bedrooms with total floor area of 91m2. The kitchen was upgraded in 2008 but you might want to add some TLC to the rest of the unit. A large single lock up garage is underneath the unit and provides copious storage. Bus routes pass the property and St.Thomas' School is within walking distance.
The competitive asking price makes this an ideal purchase for investors or first home buyers.
Perpetual Ground Lease of $9100pa until December 2027, Auckland City rates $1748pa and rental income has been assessed at $380-$400 per week. If you have a deposit of 30% the vendor will finance you over the next 3 years.