116/57 Mahuhu Cres

Auckland Central Auckland

61 m²

Apartment

Currently for sale - view listing

Overview

Bye Bye Banks: 60 sqm 2 Bed + Car Park

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.