Property listing ID: 845570
Introducing a fantastic opportunity to live in the heart of Auckland CBD! The apartment at The Docks offer an affordable and spacious 2 bedroom, 1 bathroom apartment (65sqm) with a balcony and 1 secure carpark. Enjoy the large open plan living/dining space and the convenience of inner city living without sacrificing on privacy or space. This apartment is on a Leasehold Tenure with a lease term of 150 years from 1996. The ground rent is reviewed every 7 years, and the next review is scheduled for August 2025. The Ground rent is $8087.46 and opex is $6227.9 and rates is $1766.59 Located in close proximity to Britomart Square, you'll have access to an abundance of bars, restaurants, Countdown and the Queen Street shops, all within a short walking distance. Or, explore further with the convenience of the train, bus, or ferry network. The building is well-maintained and managed by an active Body Corporate Committee and resident Building Manager. Why leasehold? Purchasing a leasehold property is a great way to save money, as it is significantly cheaper than buying a freehold equivalent. You'll own the building, while the land is owned by someone else. Additionally, you're free to make interior improvements to the apartment. Don't pay rent anymore! This apartment is perfect for first home buyers looking for an affordable option with some help from their parents or investors seeking a great rental return. Don't miss this opportunity to live in a prime location at a fraction of the cost!
Listed by Barfoot & Thompson , Annie Xu (City)