Excellent Investment Opportunity in Auckland CBD

Category:

The Waldorf St Martins, Auckland CBD

  • Premium central city Location
  • Within the Auckland Grammar school zone - auto entry
  • Designed as true FREEHOLD "apartments" not typical commercial serviced apartments
  • Building is unique in having dual Government Buildings rating( both SA Sleeping accommodation and SR Sleeping residential)
  • Pricing is 30% below initial valuation and is about to be revalued Jones Lange LaSalle Ltd.
  • The new valuation is expected to be 10% higher than what it is currently valued at and being sold for!!!
  • Cash flow security via a 10 year Lease NOT just a simple management Agreement
  • Waldorf are responsible for outgoings and maintenance
  • Banks recognize all this and are willing to lend an unprecedented 80%