Princes Wharf - lovely studio + car park

Purchase Price: $249,000

Studio

1

And here we have a very delightful studio apartment in the heart of the Viaduct, on Princes Wharf. 

The studios are a generous size, there's 49 sqm of space including the balcony, which is big enough to sit out on and enjoy the busy atmosphere below. 

The apartment has been lovingly renovated to a high standard and is presented beautifully. 

Sold completely furnished as per the photos, so a low hassle option if you wish to rent this immediately as a serviced apartment, or enjoy for your own personal use. 

It's money making season, so get in quickly and take advantage of the summer income. There are options galore if considering this as a rental property with demand for serviced apartments in Auckland growing as we head towards the Americas Cup. 

The location is perfect and the addition of a secure car park should seal the deal. 

Take advantage now while the prices are still reasonable! 

Important to note the ground rent for Princes Wharf is increased annually by 3% or the CPI (whichever is greater) and this is fixed until at least 2039. This is extremely positive as it removes all of the uncertainty with the previous five yearly ground rent reviews that were in place. 

Annual outgoings:

Ground rent: $10,301.99

OPEX: $3,935.95 plus GST

Car park: $814.00

Rates: $1,168.31

Important to note the ground rent for Princes Wharf is increased annually by 3% or the CPI (whichever is greater) and this is fixed until at least 2039. This is extremely positive as it removes all of the uncertainty with the previous five yearly ground rent reviews that were in place. 

Contact us for a private viewing, business hours preferred. 


Hamish Duke

OFFICE:

0800 388 888 / +64 (9) 930 8452

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