Sold
1C/508 Queen 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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Top Of The Town Cashcow
The freehold apartment is located at the top of Queen Street, close to Universities, shops, and restaurants, everything is at your doorstep. Close to all public transport, bus stops in front of the building, All highway entrances are within a five-minute drive. The apartment has always been sought after by tenants.
The 508 Queen Street apartments have known remedial issues which will cost the new owner funds to fix. There is already a significant sum sitting in the body corp accounts to help pay for the project, for this unit 1C the settlement fund is $54,083.47 plus GST
-STRATUM IN FREEHOLD TITLE, best you can buy for apartments
-Building is under remedial works, All repairs cost will be paid by the new owner
-Body corporate levy: $2,339.48 per annum
-City council rate is $899.14 per annum 2021 CV: $175,000
-Rental Appraisal - $360-$400 per week
-Good rental returns
The owner won't wait till construction repair finishes, and wants it sold ASAP!! Their loss and your gain! Inner city apartments with no remedial issues are selling approximately $10,000 per sqm more or less. Bring your calculator and do your numbers! If you are a cash buyer and looking for a great investment opportunity in the future, don't miss it!
The 508 Queen Street apartments have known remedial issues which will cost the new owner funds to fix. There is already a significant sum sitting in the body corp accounts to help pay for the project, for this unit 1C the settlement fund is $54,083.47 plus GST
-STRATUM IN FREEHOLD TITLE, best you can buy for apartments
-Building is under remedial works, All repairs cost will be paid by the new owner
-Body corporate levy: $2,339.48 per annum
-City council rate is $899.14 per annum 2021 CV: $175,000
-Rental Appraisal - $360-$400 per week
-Good rental returns
The owner won't wait till construction repair finishes, and wants it sold ASAP!! Their loss and your gain! Inner city apartments with no remedial issues are selling approximately $10,000 per sqm more or less. Bring your calculator and do your numbers! If you are a cash buyer and looking for a great investment opportunity in the future, don't miss it!
Explore the area
School catchments
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.08km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.14km
- City 0-10 Composite Years 1-15 Private 0.26km
- UP International College New Zealand Secondary Years 9-15 Private 0.28km
- Auckland Girls' Grammar School Secondary Years 9-15 State 0.75km
- Freemans Bay School Primary Years 1-6 State 0.99km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 1.1km
- Galaxy International College Secondary Years 9-15 Private 1.1km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.3km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 1.4km
- Auckland Grammar School Secondary Years 9-15 State 1.5km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.6km
- ACG Parnell College Composite Years 1-15 Private 1.6km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.7km
- Ficino School Full primary Years 1-8 Private 1.8km
- Newmarket School Primary Years 1-6 State 1.9km
- Crimson Global Academy Secondary Years 9-15 Private 2.0km
- Richmond Road School Primary Years 1-6 State 2.0km
- Kōwhai Intermediate Intermediate Years 7-8 State 2.1km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 2.2km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.2km
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 2.3km
- Mt Eden Normal School Primary Years 1-6 State 2.3km
- Parnell School Full primary Years 1-8 State 2.3km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.4km
- Grey Lynn School Primary Years 1-6 State 2.5km
- Epsom Girls Grammar School Secondary Years 9-15 State 2.6km
- Ponsonby Primary 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.
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Contact Krister Samuel
Contact Krister Samuel
Krister Samuel
1C/508 Queen Street, Auckland Central 1010
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Krister Samuel
1C/508 Queen Street, Auckland Central 1010