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Apartment

20 Pakenham St East Auckland Central, Auckland City

Sold for $115,000 on 22 Aug 2022
  • 1 Bed
  • 1 Bath
  • 1 Car
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20 Pakenham St East, Auckland Central, Auckland City

Apartment in Auckland Central

Viaduct Dream Boat

  • 1 Bed
  • 1 Bath
  • 1 Car

Do you love the vibe of the city but also want a quiet relaxing home right by the waterfront?

Then this apartment is for you.

This apartment in award winning building Latitude 37 has been meticulously renovated by its careful long term owner. You have the peace of mind of living in this secure quality residential complex with a secure undercover car park. The body corporate manages all the exterior maintenance and with a recent interior makeover, you can simply move in and add your personal touch to make it your home.

In addition this is one of the most affordable ways to buy into a waterfront apartment. Freehold apartments of a similar size in this area often sell for up to a million dollars - however this apartment is just $169,000. You then pay your ground rent as well as the body corporate fee to the body corporate to cover building management, maintenance and home insurance. A simple and affordable way to enter this amazing location without the huge capital outlay.

Viewings can be arranged at a time convenient to you. So grab a friend head into the viaduct for lunch and take a gander on the way through.

Leasehold Title.

The Vital Features include:

  • Open plan one bedroom.
  • Well appointed kitchen with upgraded appliances.
  • A secure car park, with roller door storage locker
  • The "forever" ground lease is in perpetuity with the next review in 2027.
  • Currently occupied by the owner
  • Either occupy, enjoy the executive rental income (appraisal $650pwk) or explore the high yielding Air BnB market.

Genuinely motivated sellers seek fair market value, make an offer and find out how fair. Be sure to register your interest and order your information pack today.

Property ID:

CTA40513

Building:

38m²

Parking:

1 garage space

Bedrooms:

1

Bathrooms:

1