Sold
6A/31 Day Street,
Auckland Central, Auckland City
NZD 80,000
Property details
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Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
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Golden Opportunity
Don't buy the golden egg, buy the goose that lays it!
You don't need to be a magician but you will need to be a cash buyer for this magic investment. With remedial issues demanding a full makeover, this building is about to be transformed, as is the apartment itself with the balcony being enclosed into a winter garden. Not only will you get the increased value of being in a building that's being given a new lease on life, on top of that, there is the increase to a very bank friendly approximate 61sqm; with new builds selling for well over $15K per sqm around the corner, what's the value going to be when this building is freshly remediated? Even at an average sale price in the city of approximately $10K a square meter you're sitting pretty; so put away the calculator, this is a no brainer.
- FREEHOLD
- 61sqm (approx.) - Internal floor size will be increased as part of remedial work
- One Bedroom
- Great Layout
OUTSTANDING LOCATION
Situated just off K' Road which has also just gone through a major transformation. Right next to the Beresford Street entrance to the underground rail loop currently being built, million-dollar, award winning apartments are just around the corner. With so much happening in the area, the future's looking bright when it comes to resale - this is our pick for THE location on the move in the city centre.
Outgoings:
Council Rates - $1,208.56 per annum
Body Corp Levy - $4,936.39 per annum
Income:
Rental Appraisal - $480 - $540 per week (furnished)
These types of opportunities very rarely present themselves to the market, jump on this one, you'll be thanking yourself for years to come.
* Photos include an approved project concepts for the building
You don't need to be a magician but you will need to be a cash buyer for this magic investment. With remedial issues demanding a full makeover, this building is about to be transformed, as is the apartment itself with the balcony being enclosed into a winter garden. Not only will you get the increased value of being in a building that's being given a new lease on life, on top of that, there is the increase to a very bank friendly approximate 61sqm; with new builds selling for well over $15K per sqm around the corner, what's the value going to be when this building is freshly remediated? Even at an average sale price in the city of approximately $10K a square meter you're sitting pretty; so put away the calculator, this is a no brainer.
- FREEHOLD
- 61sqm (approx.) - Internal floor size will be increased as part of remedial work
- One Bedroom
- Great Layout
OUTSTANDING LOCATION
Situated just off K' Road which has also just gone through a major transformation. Right next to the Beresford Street entrance to the underground rail loop currently being built, million-dollar, award winning apartments are just around the corner. With so much happening in the area, the future's looking bright when it comes to resale - this is our pick for THE location on the move in the city centre.
Outgoings:
Council Rates - $1,208.56 per annum
Body Corp Levy - $4,936.39 per annum
Income:
Rental Appraisal - $480 - $540 per week (furnished)
These types of opportunities very rarely present themselves to the market, jump on this one, you'll be thanking yourself for years to come.
* Photos include an approved project concepts for the building
Explore the area
School catchments
- City 0-10 Composite Years 1-15 Private 0.28km
- Auckland Girls' Grammar School Secondary Years 9-15 State 0.33km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.47km
- UP International College New Zealand Secondary Years 9-15 Private 0.54km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.56km
- Freemans Bay School Primary Years 1-6 State 0.69km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 0.79km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.3km
- Galaxy International College Secondary Years 9-15 Private 1.4km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.5km
- Richmond Road School Primary Years 1-6 State 1.6km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 1.6km
- Auckland Grammar School Secondary Years 9-15 State 1.7km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 1.8km
- Ficino School Full primary Years 1-8 Private 1.8km
- Kōwhai Intermediate Intermediate Years 7-8 State 1.9km
- Ponsonby Intermediate Intermediate Years 7-8 State 1.9km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.9km
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 1.9km
- ACG Parnell College Composite Years 1-15 Private 2.0km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.0km
- Grey Lynn School Primary Years 1-6 State 2.1km
- Newmarket School Primary Years 1-6 State 2.1km
- Mt Eden Normal School Primary Years 1-6 State 2.2km
- Ponsonby Primary School Primary Years 1-6 State 2.3km
- Crimson Global Academy Secondary Years 9-15 Private 2.4km
- Bayfield School Primary Years 1-6 State 2.5km
- Epsom Girls Grammar School Secondary Years 9-15 State 2.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Steve Kirk
Contact Steve Kirk
Steve Kirk
6A/31 Day Street, Auckland Central 1010
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Steve Kirk
6A/31 Day Street, Auckland Central 1010