Quantitative Risk, High Reward

Property listing ID: 836904

Bedrooms
2
Bathrooms
1
Garage
1
Covered parks
1
Land area
51m²
Price / method
Sold September 2022 for $285,500

Freehold, two-bedroom apartment in generous open plan 60m2 floor area (51m2 internal + 9m2 deck). It also comes with its own carpark space. Facing the popular North-West corner, the Harbour Bridge view from this apartment is quite pleasing day and night plus it's in a location where you can experience the serenity of Victoria Park and coastal walks of St Marys Bay, shopping at Commercial Bay and Waterfront dining at Wynyard Quarter. Transport is handy with Auckland Ferry Terminal, upcoming City Rail Link, motorways, with Auckland University, downtown, Queen St and supermarkets all within a walkable radius. Due to the ongoing building remedial work this property is not without its challenges and will need someone who understands the risks involved but also its tremendous upsides. This is truly a fantastic freehold property that could be bought at a fraction of its true value once the remedial work has been completed and a new CCC issued thereafter. DESPITE OUR BEST ADVICE TO THE VENDOR TO SEE THIS THROUGH THEY ARE READY TO MOVE ON. OUR SELLER'S LOSS IS YOUR OPPORTUNITY. Call Stephen or Lauren today to register your interest

Listed by Barfoot & Thompson , Stephen Shin (City) , Lauren Lee (City)