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13B/76 Albert Street Auckland Central, Auckland City

Sold for $213,900 on 30 Sep 2019
  • 1 Bed
  • 1 Bath
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13B/76 Albert Street, Auckland Central, Auckland City

Apartment in Auckland Central

Fantastic Buy For Both Cash Flow and Capital Gain!

  • 1 Bed
  • 1 Bath

Another amazingly well-sized one bedroom apartment in City Garden has just been listed on the market for sale. The interior layout of the property is very practical with the formal bedroom separate from the lounge, and a small study area is included. The body corp levy is only $2,300 per annum (very cheap!). Friendly building manager lives in the building. The building is well managed with a very tidy and clean environment.

City Garden is located in the best central location in Auckland CBD. 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. It's always in high demand on the rental market.

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 37sqm 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 her rights and obligations to the new owner (approx $84,878 including GST 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 $108,750).

An absolutely fantastic opportunity to buy now, as it possesses huge potential for the future! The vendor is very serious to sell. Please call Victor for an inspection today!

Features:
  • Open Plan Dining
  • Combined Bathrooms
  • Combined Lounge/Dining
  • No Garaging or Carport
  • Southerly Aspect
  • Close To Schools
  • Close To Shops
  • Close To Transport

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Chattels:
  • Blinds
  • Dishwasher
  • Fixed Floor Coverings
  • Heated Towel Rail
  • Light Fittings
  • Rangehood
  • TV Aerial
  • Cooktop Oven

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Property ID:

CTA34059

Building:

37m²

Bedrooms:

1

Bathrooms:

1