Sold

20 Pakenham St East,
Auckland Central, Auckland City

1 bedroom
1 bathroom
1 car space
38m² building size
Apartment

NZD 115,000


Property details

Viaduct Dream Boat

Do you love the vibe of the city but also want a quiet relaxing home right by the waterfront?

Then this apartment is for you.

This apartment in award winning building Latitude 37 has been meticulously renovated by its careful long term owner. You have the peace of mind of living in this secure quality residential complex with a secure undercover car park. The body corporate manages all the exterior maintenance and with a recent interior makeover, you can simply move in and add your personal touch to make it your home.

In addition this is one of the most affordable ways to buy into a waterfront apartment. Freehold apartments of a similar size in this area often sell for up to a million dollars - however this apartment is just $169,000. You then pay your ground rent as well as the body corporate fee to the body corporate to cover building management, maintenance and home insurance. A simple and affordable way to enter this amazing location without the huge capital outlay.

Viewings can be arranged at a time convenient to you. So grab a friend head into the viaduct for lunch and take a gander on the way through.

Leasehold Title.

The Vital Features include:
-Open plan one bedroom.
-Well appointed kitchen with upgraded appliances.
-A secure car park, with roller door storage locker
-The "forever" ground lease is in perpetuity with the next review in 2027.
-Currently occupied by the owner
-Either occupy, enjoy the executive rental income (appraisal $650pwk) or explore the high yielding Air BnB market.

Genuinely motivated sellers seek fair market value, make an offer and find out how fair. Be sure to register your interest and order your information pack today.

Explore the area


School catchments

  • Freemans Bay School Primary Years 1-6 State 1.0km
  • City 0-10 Composite Years 1-15 Private 1.2km
  • Ponsonby Intermediate Intermediate Years 7-8 State 1.8km
  • Ponsonby Primary School Primary Years 1-6 State 1.9km
  • Te Uru Karaka Newton Central School Primary Years 1-6 State 2.1km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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