RateMyAgentGo to search
Back 116/57 Mahuhu Cres
Off Market

116/57 Mahuhu Cres

Auckland Central Auckland

2
1
1
61 m²
Apartment
Last sold for $110,000
Chris CairnsChris Cairns, last sold this property on 06 July 2026 after 10 days on market.

Overview

Bye Bye Banks: 60 sqm 2 Bed + Car Park

**AUCTION BROUGHT FORWARD** Forget the bank. Buy this for the price of a deposit. Two bedrooms, one bathroom, a very large patio, a secure covered car park, and a storage locker - this one is seriously well looked after, fully furnished, and priced to move. Perfect for owner occupiers, parents housing their children through university, or a savvy investor chasing genuine returns - this apartment ticks every box. The Layout You'll struggle to find better. Everything is on one level and the layout makes the most of every square meter. Open-plan living and dining flows straight out to a very large patio - genuinely one of the standout features of this apartment and rare at this price point. Natural light floods the space throughout. The Location True city fringe. Britomart is next door, putting Auckland's best dining, bars, and transport links at your doorstep. The Ferry Building is minutes away - your gateway to the Hauraki Gulf. Parnell is only moments the other way, with its village cafes, restaurants, and weekend farmers market rounding out the lifestyle perfectly. Walk to work. Walk to dinner. Walk to the train. Come home to your own space with a patio and a car park waiting. The Numbers Leasehold done right. Ground Rent works out to be only $229 per week - less than the interest you'd pay on a mortgage if this were freehold. Unlike a mortgage, it's also fixed in place until 2032. Standing tenant in place paying $680 per week - Vacant possession is also available for those looking to move straight in. Excellently managed building and outstanding ROI at the vendor's price expectation. This is the perfect example of why leasehold, when bought well in the right location, makes complete sense. The Details • Two bedrooms, one bathroom • Very large patio off open-plan living and dining • One secure covered car park • One storage locker • Single level • Sold fully furnished • Standing tenant at $680/week - or vacant possession available • Leasehold | Excellently managed A full information pack is available on request. Vendor is extremely motivated - call us today to arrange a private viewing or come along to our open home as advertised. One of the best-value leasehold apartments in Auckland. At this price, it won't last.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
61 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Auckland Central over the last 12 months, the estimated median property value of 116/57 Mahuhu Cres is $425k.

Median value
$425k
Estimated value range
$20k - $1.63m
Median days on market
70
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Auckland Central. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116/57 Mahuhu Cres

2026
Sold
$110,000
06 Jul 2026 by Chris Cairns, of Ray White Auckland Central (A T Realty Group)
2020
Sold
Undisclosed
11 Jun 2020 by Chris Cairns, of Ray White Auckland Central (A T Realty Group)
2016
Sold
$299,000
18 May 2016

Happy sellers in Auckland Central

66%
66% of sellers in Auckland Central reported that their sale price either exceeded or met their price expectations.

Auckland Central stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 151 reviews in Auckland Central over the last 12 months.

Local market activity for 2 bedroom apartments in Auckland Central

In the last 12 months, 200 two-bedroom apartments similar to 116/57 Mahuhu Cres, have been sold.

This represents a 21% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Auckland Central

placeholder
Selina Zheng

Sellers who recommend Selina Zheng have praised them for being local expert, clear communication, responsive, dedicated, well-prepared, patient and supportive

  •   5   (138 reviews)
  •  33 Reviews in Auckland Central
  •  78 Sales in Auckland Central
View profile
placeholder
Dominic Worthington

Dominic Worthington is an award winning recommended agent for Auckland Central.  They have 14 local sales and collected 19 local reviews across the last 12 months.

  •   5   (146 reviews)
  •  19 Reviews in Auckland Central
  •  14 Sales in Auckland Central
View profile
placeholder
Habeeb Urrahman

Sellers who recommend Habeeb Urrahman have praised them for being local expert, clear communication, hard-working, reliable, dedicated, responsive and supportive

  •   5   (120 reviews)
  •  13 Reviews in Auckland Central
  •  24 Sales in Auckland Central
View profile
placeholder
Steve Kirk

Sellers who recommend Steve Kirk have praised them for being local expert, hard-working, reliable, clear communication and great negotiation

  •   4.9   (35 reviews)
  •  14 Reviews in Auckland Central
  •  15 Sales in Auckland Central
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap