Motivated Vendor Huge Potential and Great Cashflow

Auction: VN1EZOBBQHEC5YOIBQ0T on Friday 24 July 2026 at 8:22AM (unless sold prior)

What we are bringing to you today is the chance to own a FREEHOLD one-bedroom studio apartment in Auckland CBD at the 1/2 of its actual value, as the building has weathertightness issues. Discerning investors would realise that once a freehold building's defects get repaired, the building's value will raise to what it really worth. That's why this building has such a huge potential!

Key Features:

• Of course, it’s Stratum in Freehold title
• One spacious bedroom with one contemporary bathroom
• Bright and airy open-plan kitchen, dining, and living area
• Internal floor size of approx. 36sqm plus a large balcony
• The generous balcony providing valuable outdoor living space, perfect for relaxing, entertaining, or enjoying the city atmosphere
• Functional kitchen with sleek cabinetry and modern appliances
• Full furniture package is included
• Current vacant, ready for you to move in or rent out
• Rental appraisal: $420-450/p.w

Affordable annual outgoings:

• City council rates: $1,165.91/p.a
• BC levy: $5,914.38/p.a

Positioned in the heart of Auckland CBD, this apartment offers exceptional convenience, with supermarkets, Britomart Station, Queen Street shopping, the University of Auckland, AUT, and a wide range of cafés and restaurants all within easy walking distance. Excellent public transport links, including buses and trains just steps away, make commuting effortless and support a truly car-free lifestyle.

If you are an astute investor, wants to secure a property with GREAT CASH FLOW and BIG POTENTIAL ON FUTURE CAPITAL GAIN, please focus your eyes on this one. Motivated vendor instructs to sell! Call Selina for more details!