110/57 Mahuhu Crescent, Auckland Central, Auckland City

110/57 Mahuhu Crescent, Auckland Central, Auckland City, Auckland
NO MORTGAGE REQUIRED?

On the hunt for a decent-sized, one-bedroom with a car park? Don't want to spend a million dollars? Don't let the bank dictate terms, there's a better way...

Being sold by Auction - you could buy this leasehold for less than a deposit of a similar freehold property and the current ground rent works out to be only $170 per week.

Perfect for Owner Occupiers, housing your children whilst at university or investment. Zoned for commercial use with a streetside entrance and plenty of parking options for clients, this could also work perfectly as a comfortable centrally located office.

The Apartment

Already on the larger side for a one bedroom at approximately 62sqm, the high stud ceilings, floor to ceiling windows & doors add to the sense of space.

You'll struggle to find a better layout. Firstly the open plan living has clearly defined zones that connect seamlessly, a study nook that manages privacy without being a cupboard and a generously sized bedroom and bathroom; no easy feat in an apartment and a testament to good design.

A modern, decent sized kitchen is fully equipped meaning should you resist the temptation to wine and dine at one of the hundreds of establishments right on your doorstep, cooking will be a pleasure.

Complete with a small balcony overlooking the historic Auckland Railway Building, a covered, secure car park and with the bonus of a storage locker - this is the total package.

The Location

You're spoilt for choice when it comes to eating and drinking with the Viaduct's bars and restaurants, take just a short stroll further and you'll find yourself in Wynyard Quarter.

Retail therapy is always an option with Commercial Bay and Queen Street. There's no better place than the bays for a walk or a run and onramps to all motorways are two minutes away.

Britomart Transport Hub and the Ferry Building, with access to all that Auckland's playground the Hauraki Gulf has to offer, only minutes away.

The Complex

Comparatively Low ground rent, excellently managed, and perfectly located on the edge of the city, this is the perfect example of why to buy Leasehold (ask us why).

Features

- Secure Covered parking

- Storage Locker

- Excellent Location

- Outstanding ROI at the vendor's price expectation

- Zoned for commercial use (office is an option)

Outgoings

Total Outgoings only $345 per week including Rates, Body Corp and Ground Rent broken down as follows:

Council Rates: $2,093 per annum

Body Corp Levy: $8,816.84 per annum

Ground Rent: $8,811.80per annum

Full Information pack available on request.

One of the best value leasehold buildings in town. Extremely motivated vendor - call us today for a full information pack or to arrange a private viewing otherwise, we look forward to seeing you at our open home (as advertised).