418/57 Mahuhu Crescent City Centre | Barfoot & Thompson

418/57 Mahuhu Crescent, City Centre


2 Bed
1 Bath
1 Garaging

Be Surprised by the Small Price Tag!

On offer is a spacious, tastefully furnished two-bedroom apartment in the sought-after Hudson Brown complex. Hudson Brown is a modern LEASEHOLD apartment complex built in 2005 with no building remedial issues.

You will enjoy all the benefits of this central, convenient location adjacent to the Spark Arena, a short walk to Britomart, Waterfront, Supermarkets, Universities and the CBD. It is ideal for owner occupiers, kids at University or investors offering you a warm & sunny aspect with floor to ceiling windows providing good, natural light. This apartment comes with a generous open plan living, galley kitchen, secure car park and storage unit. Inspired by the architecture of the New York Brownstones & Loft apartments, Hudson Brown is a modern leasehold apartment complex built to a high spec.

Why take on a heavy mortgage when you can own this amazing apartment for a fraction of the costs? Hudson Brown offers one of the best leasehold terms in town. Due to certain restrictions, the land value on which Hudson Brown has been built is lower than other leasehold sites in the city. And the ground rent is assessed on the unimproved value of the land, which means very reasonable annual outgoings for you. Superb location, you will be spoilt for the choices of winning, dining and shopping. Currently tenanted and the tenants are keen to stay.

Leasehold Tenure through to the year 2146. You are paying substantially less to purchase than a freehold equivalent incomparable quality and size.

Opex Levy: $6,016.69/p.a.
Ground Rent: $10,354.87/p.a - Fixed until August 2025
Council Rates: $1,930.04

Must be sold! Be quick to inspect. Ring Selina toady!

Property details

418/57 Mahuhu Crescent, City Centre
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