Auction Tetra House
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Uploaded by downtowndeals on Feb 4, 2011
This is an opportunity to get into a smart centrally located investment property with extremely low vacancy rates. Located next door to Auckland University, the Waldorf Tetra Hotel Apartments is an up market apartment available now for a market level price. Owner will sell at 8% net return price.
The numbers are as follows:
Gross Income: $17160
rents: 330/wk
Out Goings: $4930.43
ACC Rates: 967.43 pa
Body Corp: $3863 pa
ARC Rates: $100 pa approx
Net Income: $12,230
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