Sold

409/57 Mahuhu Crescent,
Auckland Central, Auckland City

1 bedroom
1 bathroom
1 car space
45m² building size
Apartment

NZD 85,000


Property details

A LOT FOR A LITTLE! - AUCTION BOUGHT FORWARD!

Motivated seller needs action!

Come to the Auction and name your price.

Forget FREEHOLD - buy this for less than the deposit of a freehold property and say goodbye to the banks. With comparatively low ground rent, excellently managed, and perfectly located on the edge of the city, this is the perfect example of why to buy Leasehold.

Don't let the banks dictate the terms - do the math, $7,470 on ground rent per annum vs the interest you'd pay on a like of like Freehold Apartment - you'll be very surprised.

Features:
• 45 sqm
• 1 Bedroom
• 1 Bathroom
• 1 covered secure Car Park
• Storage Locker
• Large Windows throw sun into light , bright apartment for most of the day.


Location:
Superbly located, with Britomart Transport Hub and the beautiful Ferry Building with access to all that Auckland's playground the Hauraki Gulf has to offer is only minutes away.

You're spoilt for choice when it comes to eating and drinking with the Viaduct's bars and restaurants, take just a short stroll further and you'll find yourself in Wynyard Quarter (that's if you get sick of all the amazing restaurants and bars right on your doorstep in the Britomart district). Shopping doesn't get any better - fashion on High Street, Queen Street, and Britomart - and your weekly food shop is literally across the road.

Outgoings work out to be only $310 per week:

• Body Corp Levy: $7,476 ($6,729 incl. 10% discount for prompt Payment) per annum
• Ground Rent: $7,472 per annum
• Council Rates: $1,932 per annum

Full Information pack available on request.

With an extremely motivated vendor, this is your opportunity to pick up this cracker of an apartment at bargain basement prices.

For more information and/or to arrange a viewing, please contact us today.

Explore the area


School catchments

  • Parnell School Full primary Years 1-8 State 1.4km
  • City 0-10 Composite Years 1-15 Private 1.7km
  • ACG Parnell College Composite Years 1-15 Private 1.8km
  • Freemans Bay School Primary Years 1-6 State 2.1km
  • Stanley Bay School Primary Years 1-6 State 2.6km

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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