Sold
116/57 Mahuhu Crescent,
Auckland Central, Auckland City
Price withheld
Property details
-
Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
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Bye Bye Banks: 60 sqm 2 Bed + Car Park
**AUCTION BROUGHT FORWARD**
Forget the bank. Buy this for the price of a deposit.
Two bedrooms, one bathroom, a very large patio, a secure covered car park, and a storage locker - this one is seriously well looked after, fully furnished, and priced to move.
Perfect for owner occupiers, parents housing their children through university, or a savvy investor chasing genuine returns - this apartment ticks every box.
The Layout
You'll struggle to find better. Everything is on one level and the layout makes the most of every square meter. Open-plan living and dining flows straight out to a very large patio - genuinely one of the standout features of this apartment and rare at this price point. Natural light floods the space throughout.
The Location
True city fringe. Britomart is next door, putting Auckland's best dining, bars, and transport links at your doorstep. The Ferry Building is minutes away - your gateway to the Hauraki Gulf. Parnell is only moments the other way, with its village cafes, restaurants, and weekend farmers market rounding out the lifestyle perfectly.
Walk to work. Walk to dinner. Walk to the train. Come home to your own space with a patio and a car park waiting.
The Numbers
Leasehold done right. Ground Rent works out to be only $229 per week - less than the interest you'd pay on a mortgage if this were freehold. Unlike a mortgage, it's also fixed in place until 2032.
Standing tenant in place paying $680 per week - Vacant possession is also available for those looking to move straight in.
Excellently managed building and outstanding ROI at the vendor's price expectation. This is the perfect example of why leasehold, when bought well in the right location, makes complete sense.
The Details
• Two bedrooms, one bathroom
• Very large patio off open-plan living and dining
• One secure covered car park
• One storage locker
• Single level
• Sold fully furnished
• Standing tenant at $680/week - or vacant possession available
• Leasehold | Excellently managed
A full information pack is available on request. Vendor is extremely motivated - call us today to arrange a private viewing or come along to our open home as advertised.
One of the best-value leasehold apartments in Auckland. At this price, it won't last.
Forget the bank. Buy this for the price of a deposit.
Two bedrooms, one bathroom, a very large patio, a secure covered car park, and a storage locker - this one is seriously well looked after, fully furnished, and priced to move.
Perfect for owner occupiers, parents housing their children through university, or a savvy investor chasing genuine returns - this apartment ticks every box.
The Layout
You'll struggle to find better. Everything is on one level and the layout makes the most of every square meter. Open-plan living and dining flows straight out to a very large patio - genuinely one of the standout features of this apartment and rare at this price point. Natural light floods the space throughout.
The Location
True city fringe. Britomart is next door, putting Auckland's best dining, bars, and transport links at your doorstep. The Ferry Building is minutes away - your gateway to the Hauraki Gulf. Parnell is only moments the other way, with its village cafes, restaurants, and weekend farmers market rounding out the lifestyle perfectly.
Walk to work. Walk to dinner. Walk to the train. Come home to your own space with a patio and a car park waiting.
The Numbers
Leasehold done right. Ground Rent works out to be only $229 per week - less than the interest you'd pay on a mortgage if this were freehold. Unlike a mortgage, it's also fixed in place until 2032.
Standing tenant in place paying $680 per week - Vacant possession is also available for those looking to move straight in.
Excellently managed building and outstanding ROI at the vendor's price expectation. This is the perfect example of why leasehold, when bought well in the right location, makes complete sense.
The Details
• Two bedrooms, one bathroom
• Very large patio off open-plan living and dining
• One secure covered car park
• One storage locker
• Single level
• Sold fully furnished
• Standing tenant at $680/week - or vacant possession available
• Leasehold | Excellently managed
A full information pack is available on request. Vendor is extremely motivated - call us today to arrange a private viewing or come along to our open home as advertised.
One of the best-value leasehold apartments in Auckland. At this price, it won't last.
Explore the area
School catchments
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.25km
- Crimson Global Academy Secondary Years 9-15 Private 0.72km
- Galaxy International College Secondary Years 9-15 Private 0.74km
- Parnell School Full primary Years 1-8 State 1.4km
- UP International College New Zealand Secondary Years 9-15 Private 1.4km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 1.5km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.6km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.6km
- 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
- Auckland Girls' Grammar School Secondary Years 9-15 State 2.2km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.3km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.5km
- Auckland Grammar School Secondary Years 9-15 State 2.5km
- Stanley Bay School Primary Years 1-6 State 2.6km
- Newmarket School Primary Years 1-6 State 2.6km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 2.7km
- Victoria Avenue School Primary Years 1-6 State 2.9km
- Baradene College Secondary Years 7-15 State integrated 3.0km
- St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 3.0km
- Devonport Primary School Primary Years 1-6 State 3.0km
- Saint Kentigern Boys' School Full primary Years 1-8 Private 3.0km
- St Leo's Catholic School (Devonport) Primary Years 1-6 State integrated 3.1km
- Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 3.1km
- Ponsonby Intermediate Intermediate Years 7-8 State 3.2km
- Saint Kentigern Girls' School Full primary Years 1-8 Private 3.2km
- Epsom Girls Grammar School Secondary Years 9-15 State 3.3km
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 Chris Cairns
Contact Chris Cairns
Chris Cairns
116/57 Mahuhu Crescent, Auckland Central 1010
Request a callback
Chris Cairns
116/57 Mahuhu Crescent, Auckland Central 1010