14I/76 Albert Street
Auckland Central, Auckland City
Auckland Central, Auckland City
SOLD
1
1
Alakazam - Magic Investment
In Room Auction - 12:30pm, Thursday 28th October 2021 (Unless Sold Prior) at Ray White City Apartments - 2 Lorne St, Auckland Central.
Turn 42sqm into 45sqm!
You don't need to be a magician but you will need to be a cash buyer. With remedial issues demanding a full makeover, this building is about to be transformed, as is the apartment itself with the the balcony being turned into a winter garden.
Remedial bill to be partially funded with a credit from litigation which will be passed to the new owners. Information about the remedial levy available upon request.
Currently rented at $380 per week, this is a sitting duck.
Not only will you get the increased value of being in a building that's being given a new lease on life, the apartment will be growing it's internal a bankable size (instantly adding value). With new builds selling for well over $15,000 per sqm around the corner, what's the value going to be when this building is freshly remediated? Put away the calculator, this is a no brainer.
- FREEHOLD
- 42sqm (approx.) one bedroom unit - floor area set to be increased 45sqm (when works are completed)
- Outstanding Central Location
Body Corporate Fee: $2,690.874 per annum (including 10% prompt payment discount)
Rates: $1,121.57 per annum
Superbly located just off Auckland's golden mile which is due to undergo major transformation. An easy flat stroll to the Ferry Building with access to all that Auckland's playground the Hauraki Gulf has to offer only minutes away. Your spoilt for choice when it comes to the bars and restaurants, a short stroll further you'll find Wynyard Quarter. Shopping - fashion on High Street, Queen Street and Britomart. Two minutes either way for your choice of supermarkets.
The owners requires a prompt sale and so are leaving room for profit after remedial costs.
Soak up the exceptional returns as this is one of the best opportunities on the market.
Contact us today for a full information pack or to arrange a private viewing.
Turn 42sqm into 45sqm!
You don't need to be a magician but you will need to be a cash buyer. With remedial issues demanding a full makeover, this building is about to be transformed, as is the apartment itself with the the balcony being turned into a winter garden.
Remedial bill to be partially funded with a credit from litigation which will be passed to the new owners. Information about the remedial levy available upon request.
Currently rented at $380 per week, this is a sitting duck.
Not only will you get the increased value of being in a building that's being given a new lease on life, the apartment will be growing it's internal a bankable size (instantly adding value). With new builds selling for well over $15,000 per sqm around the corner, what's the value going to be when this building is freshly remediated? Put away the calculator, this is a no brainer.
- FREEHOLD
- 42sqm (approx.) one bedroom unit - floor area set to be increased 45sqm (when works are completed)
- Outstanding Central Location
Body Corporate Fee: $2,690.874 per annum (including 10% prompt payment discount)
Rates: $1,121.57 per annum
Superbly located just off Auckland's golden mile which is due to undergo major transformation. An easy flat stroll to the Ferry Building with access to all that Auckland's playground the Hauraki Gulf has to offer only minutes away. Your spoilt for choice when it comes to the bars and restaurants, a short stroll further you'll find Wynyard Quarter. Shopping - fashion on High Street, Queen Street and Britomart. Two minutes either way for your choice of supermarkets.
The owners requires a prompt sale and so are leaving room for profit after remedial costs.
Soak up the exceptional returns as this is one of the best opportunities on the market.
Contact us today for a full information pack or to arrange a private viewing.
Open Homes
Property Features
Get in touch
