Sold

5B/113 Vincent Street,
Auckland Central, Auckland City

1 bedroom
1 bathroom
14m² building size
Apartment

NZD 43,200


Property details

Dusty, Dirty and Derelict!

Auction: 12.30pm, Thursday 9th June 2022 (unless sold prior)
Location: In Rooms - 2 Lorne Street, Auckland Central

If you are shy about DIY, it is probably best to pass this one by.
Deserted, abandoned and busted -this one has turned to custard.
Currently sitting alone and empty, the upside on offer here is plenty.
There are holes in the walls and it needs some blood, sweat and tears - it has certainly seen better years.
The good news is it's going to be cheap, and if you are brave its rewards you will reap.
Short term pain, long term gain as you know that's the name of the game.
After multiple years of neglect, there are building issues as you might expect.
The body corporate currently has plans in place, as they say, 'watch this space".
You will need equity or cash to own, the banks will say you have to do this one alone.
The good news is the location is A plus, just walk out the front door to get on the bus.
Just a short stroll to your favourite bar, no need for room to park the car.
If you are an investor then make no mistake, the returns on offer here will be great.
The owner has told us to get this one sold - but as I said earlier it's only for the bold!
The opportunity here is massive and once finished the returns will be passive.
To be sold by auction in three weeks, it is a quick sale that our owner seeks.
Contact Ryan to arrange a viewing, if you don't you may be left rueing.

Explore the area


School catchments

  • City 0-10 Composite Years 1-15 Private 0.22km
  • Freemans Bay School Primary Years 1-6 State 0.61km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 1.2km
  • Richmond Road School Primary Years 1-6 State 1.8km
  • Ponsonby Intermediate Intermediate Years 7-8 State 1.9km

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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