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Apartment

79/2 Armoy Drive Botany, Auckland

Sold for $320,000 on 27 Jun 2011
  • 2 Beds
  • 1 Bath
  • 2 Cars
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Apartment in Botany

Investors - Cash Buyers

  • 2 Beds
  • 1 Bath
  • 2 Cars
Listed By:
Ray White HowickFive AM Realty Limited Licensed (REAA 2008)

Soon to be renamed Botany Palms this apartment is on the ground floor of the reclad Sacramento development. This 2 brm apartment flows into a large garden area which is landscaped in low maintenance pebbles and is ideal for a bbq or sitting in the sun. This apartment has a lock up garage and a car park. It also has use of the swimming pool, gym and tennis court all of which are being refurbished. These apartments are highly sought after by tenants as they are minutes to Botany Shopping Centre, transport and other amenities and attract rents in the $380 - $400pw bracket. The vendor says that valuations have been done that give the 2 brm apartments a value of $380,000 when the refurbishment is complete. However,anyone interested would be advised to check those valuations by getting their own valuation. So this is a great opportunity to buy well under value and reap the reward when the renovations are completed and values start to rise.The ROI for this area is above average.

Until the renovation of the complex is complete this apartment will only suit buyers with cash or equity.
THE OWNER WANTS OUT PRESENT YOUR OFFER!

Features:
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Double Garage
  • Garden
  • Pool
Property ID:

HOW21790

Building:

59m²

Bedrooms:

2

Bathrooms:

1

Listed By:
Ray White HowickFive AM Realty Limited Licensed (REAA 2008)