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46/147 Quay Street,
Auckland Central, Auckland City

1 bedroom
1 bathroom
41m² building size
Apartment

NZD 85,000


Property details

It's Time To Invest

Shed 22 - Princes Wharf

Welcome to Auckland's city water front living

These units work well as a crash pad or for you to live in permanently or many owners recoup expenses by renting them out when they are not using them. In fact there is a management company onsite at Princes Wharf who can manage the rental aspect for you.

Leasehold title means very low capital entry cost (MUCH LOWER THAN CV), and in return OPEX (operating expenses) and ground rent are payable to the lessors on a 3 monthly basis

A short stroll to some of the finest dining and entertainment options Auckland has to offer nestled amongst sailboats and a fabulous atmosphere, across from the Viaduct.

The ground rent is capped at an annual increase of 3% (or CPI) - whichever is the greater, so you have some certainty on your numbers here.

Capital Value: $380,000 Opex (body Corporate): $4922.16 per annum Ground Rent: $5,640.16 per annum ACC Rates: $3,019.39 per annum Floor Area: 41m2 more or less.

Auction: 20th June 2024 at The Ray White Auckland Central Offices.

Please contact me today to organise a viewing.

Happy buying.

Explore the area


School catchments

  • Freemans Bay School Primary Years 1-6 State 1.6km
  • City 0-10 Composite Years 1-15 Private 1.6km
  • Ponsonby Primary School Primary Years 1-6 State 2.3km
  • Ponsonby Intermediate Intermediate Years 7-8 State 2.4km
  • Stanley Bay School Primary Years 1-6 State 2.5km

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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