505/31 - 39 Davis Crescent Newmarket, Auckland City

FREEHOLD WITH A TWIST.
Superb serviced FREEHOLD apartment leased by the highly regarded Quest group.
Located in The Mandalay - the well-run Quest hotel in the heart of Newmarket.
Currently returning $27,945.72 (GST incl), gross per year
This 1 bedroom apartment with undercover secure car park and balcony offers investors a guaranteed rental income without the stress of tenants, vacancy periods and management fees.
With only 7 years to run on the current hotel lease this 46 m2 plus 15 m2 car park (appr) apartment will make for a great central city base one day in the vibrant Newmarket suburb.
Be the smart one to unlock the huge earning potential that this apartment has to offer.
In a hub with a plethora of exclusive shops, thriving bars, cinemas, parks and a wealth of convenient amenities!
Asking Price $335,000 + GST (if any) Contact agent for more information.