Te Aro P24/9 Gilmer Terrace

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Single or Double? You Decide

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****Note that these are carparks for sale, not apartments****

Two great opportunities to suit varying budgets. Each to be sold separately.

Here's a perfect opportunity for a hot investment if property is getting too expensive for your wallet.

Car parks are becoming more rare as time goes by. As the number of new builds with parking increases, it only becomes harder for those who work/live in the city to park. How handy would it be to own your own carpark in the CBD close to work/home? Or even use it as a rental investment to generate a good yield or capital gain.

We have a tandem (double) park on offer as well as a single - both secured and on the same level.

Car Park P14A (tandem)
-Currently rented for $95 per week.
-Body Corporate fees: $718.28 p.a.
-Rates: $229.79 p.a.

Car Park P24 (single)
-Previously rented out for $65 per week (old rate). Currently owner occupied.
-Body Corporate fees: $576.36 p.a.
-Rates: $159.69 p.a.

Note that these will be "PLUS GST if any" transactions as the vendor is GST registered.