510/57 Mahuhu Crescent, City Centre

$259,000

2 Bed
1 Bath
1 Garaging

SOLID RENTAL INVESTMENT


Calling all investors looking for a solid rental return. This is a spacious (54m²) two-bedroom LEASEHOLD apartment providing a warm & sunny aspect with good natural light, generous open plan living, good sized kitchen, one carpark, and a storage locker. Currently rented to very good tenants at $595pw, fixed tenancy through to February 2023.

Great location adjacent to the Spark Arena, a short walk to Britomart, Waterfront, Supermarket, Universities, and the CBD.

Inspired by the architecture of the New York Brownstones & Loft apartments, Hudson Brown is a modern LEASEHOLD apartment complex built in 2005. There are not and never have been any building remedial issues.

Leasehold Tenure through to the year 2146 (Rental reviews every 7 years, next review August 2025)

Why Buy LEASEHOLD? Leasehold properties are significantly cheaper to purchase than buying a freehold equivalent, you own the building but not the land. You are still free to make interior improvements to the apartment.

Viewing strictly by appointment only.

Body Corp $3,241pa - Includes Building Insurance
Ground Rent $7,472pa - Fixed until August 2025
Council Rates $1,818pa
TOTAL EXPENSES $241 per week

This opportunity could be just what you have been looking for! Call or email me for the property files.

Property details

Location:
510/57 Mahuhu Crescent, City Centre
Property type:
Apartment
Bedrooms:
2
Bathrooms:
1
Garaging:
1
Property ID:
823683

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • Crimson Global Academy0.7 km
  • UP International College New Zealand1.4 km
  • Auckland Senior College1.5 km
  • MindAlive1.6 km
  • Northern Health School1.6 km
  • Kadimah School1.7 km
  • ACG Parnell College1.8 km
  • Freemans Bay School2.1 km
  • St Peter's College (Epsom)2.3 km
  • St Mary's College (Ponsonby)2.5 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

Documents for 510/57 Mahuhu Crescent, City Centre

Ask a question about 510/57 Mahuhu Crescent, City Centre

  • {{v}}

There was an error sending your email. Please try again later.

Your email was successfully delivered. We'll be in touch shortly.