8K/76 Albert Street Auckland Central, Auckland City

City Garden is located in the best central location in Auckland CBD. The Sky Tower, Countdown, Farmers, banks, and restaurants are all at your doorstep. It only takes a very short stroll to reach various universities, Albert Park, Britomart, libraries, and all other amenities. Massive time spent on the road to school or the office will be saved.

This spacious one bedroom apartment (42sqm including balcony) is north-facing with 2.7 meter high ceiling which is higher than most other units in the complex and makes it feel roomier inside. The interior layout of the property is very practical with the bedroom being separate from the lounge, and a small study area is included. With lots of sunlight filtering into the apartment constantly, the apartment is kept sunny, bright, comfy and enjoyable. The apartment is fully furnished and the body corp levy is only $2,400 (after 10% discount).

The building has remedial issues and the building consent has been lodged to the Council. All the balconies of the building will be closed in when remedial work completes according to the new architect design, which means the total 42sqm floor area can all be used as the interior floor area. The new facade will make the building look more modern and stylish. Most of the remedial cost has been compensated by the Council, and is due to start soon! The vendor is in the litigation and will assign all his rights and obligations to the new owner (approx $84,792 from settlement held by body corporate for this unit's share of remediation cost. The current indicative ballpark costs to remediate are in the order of $29 million, and the share which is applied to this unit at this cost is $113,100).

An absolutely fantastic opportunity to buy now, as it possesses huge potential for the future! The vendor is going overseas and wants to get it sold before leaving. Please call Victor for an inspection today!