Sold
13/139 Quay Street,
Auckland Central, Auckland City
Price withheld
Property details
-
Agents
Ray White Remuera: Megan Jaffe Real Estate Ltd Licensed (REAA 2008)
411 Remuera Road, Remuera Auckland City 1050
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Chattels
- Cooktop Oven
- Wall Oven
- Extractor Fan
- Dishwasher
- Waste Disposal Unit
- Heated Towel Rail
- Light Fittings
- Floor Covers
- Curtains
Big, bold and beautifully presented!
Welcome to Princes Wharf, where the ocean and residential living combine to provide prime, Auckland Viaduct accommodation which suit a vast range of uses and purposes.
The apartments on level 1 are the biggest one bedroom apartments on Princes Wharf, in fact you would be hard pressed to find a bigger one bedroom anywhere. A whopping 70 square metres of prime Viaduct space which includes the covered balcony big enough to sit out and dine, and soak up the vibrant atmosphere below.
Completely open plan setup featuring full kitchen with breakfast bar and good sized bathroom and bedroom, there's enough space in the lounge to add a fold out bed if maximum income is your objective.
Speaking of income, this unit is sold fully furnished with top quality furniture and ready to hit the short term rental "Airbnb" market, or the option exists to continue with the current fixed term tenant who is paying $650 per week. Many owners use these apartments as bolt holes. They may live out of Auckland and Airbnb them when they are not using them to help cover the cost of the outgoings, and have the security and comfort of having their own space, rather than staying in hotels. The current owner lived here herself for a period of time as she understood that the cost of buying a freehold apartment and paying a mortgage, made no sense at all!
The leasehold title means you are paying a tiny fraction of what you would if these were freehold apartments!
Owners pay OPEX (short for operating expenses) and ground rent to the lessors on a 3 monthly basis, as well as Auckland Council rates.
Annual Outgoings as follows:
- Ground rent: $10,194.44
- OPEX: $8,413.04 plus GST
The OPEX is reset every 12 months based on what maintenance is required and also covers all of the communal costs owners share like insurance, cleaning, security etc. The ground rent is increased every year by 3% or CPI, whichever is the greater giving you much more certainty than other leasehold structures in Auckland.
The property is rented at $650 per week with a permanent tenant until 22nd May 2026 so at that point you may have vacant possession if you wish.
Call or email me to discuss Princes Wharf in more detail, and to request more detailed information.
I look forward to meeting you soon!
The apartments on level 1 are the biggest one bedroom apartments on Princes Wharf, in fact you would be hard pressed to find a bigger one bedroom anywhere. A whopping 70 square metres of prime Viaduct space which includes the covered balcony big enough to sit out and dine, and soak up the vibrant atmosphere below.
Completely open plan setup featuring full kitchen with breakfast bar and good sized bathroom and bedroom, there's enough space in the lounge to add a fold out bed if maximum income is your objective.
Speaking of income, this unit is sold fully furnished with top quality furniture and ready to hit the short term rental "Airbnb" market, or the option exists to continue with the current fixed term tenant who is paying $650 per week. Many owners use these apartments as bolt holes. They may live out of Auckland and Airbnb them when they are not using them to help cover the cost of the outgoings, and have the security and comfort of having their own space, rather than staying in hotels. The current owner lived here herself for a period of time as she understood that the cost of buying a freehold apartment and paying a mortgage, made no sense at all!
The leasehold title means you are paying a tiny fraction of what you would if these were freehold apartments!
Owners pay OPEX (short for operating expenses) and ground rent to the lessors on a 3 monthly basis, as well as Auckland Council rates.
Annual Outgoings as follows:
- Ground rent: $10,194.44
- OPEX: $8,413.04 plus GST
The OPEX is reset every 12 months based on what maintenance is required and also covers all of the communal costs owners share like insurance, cleaning, security etc. The ground rent is increased every year by 3% or CPI, whichever is the greater giving you much more certainty than other leasehold structures in Auckland.
The property is rented at $650 per week with a permanent tenant until 22nd May 2026 so at that point you may have vacant possession if you wish.
Call or email me to discuss Princes Wharf in more detail, and to request more detailed information.
I look forward to meeting you soon!
Explore the area
School catchments
- Galaxy International College Secondary Years 9-15 Private 0.82km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 0.88km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.92km
- UP International College New Zealand Secondary Years 9-15 Private 1.6km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.7km
- Freemans Bay School Primary Years 1-6 State 1.7km
- City 0-10 Composite Years 1-15 Private 1.7km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 1.8km
- Crimson Global Academy Secondary Years 9-15 Private 1.9km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.9km
- Auckland Girls' Grammar School Secondary Years 9-15 State 2.1km
- Ponsonby Primary School Primary Years 1-6 State 2.4km
- Stanley Bay School Primary Years 1-6 State 2.4km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.5km
- Parnell School Full primary Years 1-8 State 2.6km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 2.7km
- ACG Parnell College Composite Years 1-15 Private 2.8km
- Richmond Road School Primary Years 1-6 State 2.9km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 2.9km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.9km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 3.0km
- Bayfield School Primary Years 1-6 State 3.1km
- Auckland Grammar School Secondary Years 9-15 State 3.2km
- St Leo's Catholic School (Devonport) Primary Years 1-6 State integrated 3.2km
- Devonport Primary School Primary Years 1-6 State 3.3km
- Newmarket School Primary Years 1-6 State 3.4km
- Ficino School Full primary Years 1-8 Private 3.7km
- Epsom Girls Grammar School Secondary Years 9-15 State 4.2km
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 Carl Russell
Contact Carl Russell
Carl Russell
13/139 Quay Street, Auckland Central 1010
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Carl Russell
13/139 Quay Street, Auckland Central 1010