Steal it QUICK before America's Cup starts!!

(West-facing Princess Wharf apartment)

If you had ever thought of investing in Real Estate, now could just be that time as our vendor's instructions are clear and his motivation is undeniable: "It must be SOLD!"

Giving you an opportunity to acquire this prime location for far less than you may think!

Offering:
- 1 bedroom & 1 bathroom
- Generously sized 50m2 apartment with open plan kitchen, dinning & lounge.
- If you've been looking for your perfect retirement fund or ideal investment, this could be it!
- Situated on the 4th level of Shed 20
- Tenanted for $525 P/W
- Located in most vibrant and sought-after location in the Heart of Auckland close to endless amenities, restaurants, shops, public transport stations, a ferry terminal and so much more.
- Any astute buyer with an eye to the future and the opportunity for significant capital gain will recognise this prime real estate opportunity.
- How low will the vendor go, we are not sure, but tell us what you would pay!
- Yes, it is leasehold, and the ground rent for Princess Wharf is increased annually by 3% (or by the CPI; whichever is greater)
- OPEX = $7,642.53 plus GST per annum for the year ending 31/03/20
- Ground Rent = $8,557.19 per annum effective 01/09/2019
- 50 year lease. Expires 2055
- Rates - $1,483.32.

To download the property files, please visit
https://www.harcourtsfiles.co.nz/listings/752O

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Main Property Features

Listing Number: BI37849

Approx Floor Area:
50 sqm
Property Type:
Apartment
Tenure:
Leasehold Details (Leasehold)
Property condition:
Fair
Electrical:
TV points
Chattels remaining:
Fixed floor coverings, Light fittings, Stove, Curtains, Oven
Kitchen:
Separate cooktop, Separate oven and Waste disposal
Main bathroom:
Separate shower
Laundry:
In bathroom
Aspect:
West
Water heating:
Electric
Locality:
Close to transport
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Licensed REAA 2008

Your enquiry has been sent. Thank you.

Harcourts Birkenhead

Cooper & Co Real Estate Ltd

Licensed REAA 2008

10-12 Mokoia Road
Birkenhead
Auckland
Office website or View office details

Property Location