Sold
1403/20 Mccrae Way,
New Lynn, Waitakere City
Price withheld
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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Caveat Emptor
Penthouse Investment with Huge Upside
Calling all astute investors and opportunity hunters - this is one for those with an appetite for risk and reward.
Perched on the top floor of Merchant Quarter, this penthouse apartment captures breathtaking panoramic viewsacross the Waitakere Ranges and beyond. Offering 2 bedrooms, 1 bathroom, and a secure carpark on separate title, it's a modern urban base in a prime New Lynn location.
The Merchant Quarter complex has known remedial issues. This property is being sold on an "as is, where is" basis.
The Opportunity:
Secure a penthouse position well below typical market value
Potential for significant upside once remediation is resolved
In the meantime enjoy strong rental demand in a high-growth transport and retail hub
Steps to New Lynn Train Station, LynnMall, and local dining
If you're a savvy investor, builder, or developer looking for a high-risk, high-reward play, this could be your next smart move.
For Sale by Auction
Do your due diligence, assess the numbers, and act with confidence.
Calling all astute investors and opportunity hunters - this is one for those with an appetite for risk and reward.
Perched on the top floor of Merchant Quarter, this penthouse apartment captures breathtaking panoramic viewsacross the Waitakere Ranges and beyond. Offering 2 bedrooms, 1 bathroom, and a secure carpark on separate title, it's a modern urban base in a prime New Lynn location.
The Merchant Quarter complex has known remedial issues. This property is being sold on an "as is, where is" basis.
The Opportunity:
Secure a penthouse position well below typical market value
Potential for significant upside once remediation is resolved
In the meantime enjoy strong rental demand in a high-growth transport and retail hub
Steps to New Lynn Train Station, LynnMall, and local dining
If you're a savvy investor, builder, or developer looking for a high-risk, high-reward play, this could be your next smart move.
For Sale by Auction
Do your due diligence, assess the numbers, and act with confidence.
Explore the area
School catchments
- Iqra School Composite Years 1-15 State integrated 0.29km
- New Lynn School Primary Years 1-6 State 0.61km
- Chaucer School Primary Years 1-6 State 1.2km
- St Mary's Catholic School (Avondale) Full primary Years 1-8 State integrated 1.2km
- Jireh Christian School Full primary Years 1-8 State integrated 1.3km
- Blockhouse Bay Intermediate Intermediate Years 7-8 State 1.4km
- Fruitvale Road School Primary Years 1-6 State 1.6km
- Glenavon School Full primary Years 1-8 State 1.7km
- Kelston Girls' College Secondary Years 9-15 State 1.7km
- Arahoe School Primary Years 1-6 State 1.7km
- Kelston School Primary Years 1-6 State 1.7km
- St Dominic's Catholic School (Blockhouse Bay) Primary Years 1-6 State integrated 1.8km
- Kelston Boys' High School Secondary Years 9-15 State 1.9km
- Avondale Primary School (Auckland) Primary Years 1-6 State 2.0km
- Avondale College Secondary Years 9-15 State 2.1km
- Kelston Intermediate Intermediate Years 7-8 State 2.2km
- St Leonards Road School Primary Years 1-6 State 2.2km
- Avondale Intermediate Intermediate Years 7-8 State 2.2km
- Green Bay High School Secondary Years 9-15 State 2.7km
- Lynfield College Secondary Years 9-15 State 3.1km
- Elim Christian College Mt Albert Composite Years 1-15 State integrated 3.2km
- TKKM o Nga Maungarongo Composite Years 1-15 State 4.5km
- TKKM o Hoani Waititi Composite Years 1-15 State 4.6km
- Mt Albert Grammar School Secondary Years 9-15 State 4.6km
- Marist College Secondary Years 7-15 State integrated 4.9km
- Twin Oaks Classical School Composite Years 1-15 Charter 5.6km
- Henderson High School Secondary Years 9-15 State 5.7km
- Mt Roskill Grammar Secondary Years 9-15 State 5.7km
- Titirangi Rudolf Steiner School Composite Years 1-15 Private 6.1km
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
1403/20 Mccrae Way, New Lynn 0600
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Krister Samuel
1403/20 Mccrae Way, New Lynn 0600