Back 13/139 Quay Street
Off Market

13/139 Quay Street

Auckland Central Auckland

1
1
70 m²
Apartment
Carl RussellCarl Russell, last sold this property on 11 March 2026 after 27 days on market.

Overview

Big, bold and beautifully presented!

Welcome to Princes Wharf, where the ocean and residential living combine to provide prime, Auckland Viaduct accommodation which suit a vast range of uses and purposes. The apartments on level 1 are the biggest one bedroom apartments on Princes Wharf, in fact you would be hard pressed to find a bigger one bedroom anywhere. A whopping 70 square metres of prime Viaduct space which includes the covered balcony big enough to sit out and dine, and soak up the vibrant atmosphere below. Completely open plan setup featuring full kitchen with breakfast bar and good sized bathroom and bedroom, there's enough space in the lounge to add a fold out bed if maximum income is your objective. Speaking of income, this unit is sold fully furnished with top quality furniture and ready to hit the short term rental "Airbnb" market, or the option exists to continue with the current fixed term tenant who is paying $650 per week. Many owners use these apartments as bolt holes. They may live out of Auckland and Airbnb them when they are not using them to help cover the cost of the outgoings, and have the security and comfort of having their own space, rather than staying in hotels. The current owner lived here herself for a period of time as she understood that the cost of buying a freehold apartment and paying a mortgage, made no sense at all! The leasehold title means you are paying a tiny fraction of what you would if these were freehold apartments! Owners pay OPEX (short for operating expenses) and ground rent to the lessors on a 3 monthly basis, as well as Auckland Council rates. Annual Outgoings as follows: - Ground rent: $10,194.44 - OPEX: $8,413.04 plus GST The OPEX is reset every 12 months based on what maintenance is required and also covers all of the communal costs owners share like insurance, cleaning, security etc. The ground rent is increased every year by 3% or CPI, whichever is the greater giving you much more certainty than other leasehold structures in Auckland. The property is rented at $650 per week with a permanent tenant until 22nd May 2026 so at that point you may have vacant possession if you wish. Call or email me to discuss Princes Wharf in more detail, and to request more detailed information. I look forward to meeting you soon!

Features

1 bedroom
1 bathroom
70 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Auckland Central over the last 12 months, the estimated median property value of 13/139 Quay Street is $226.5k.

Median value
$226.5k
Estimated value range
$22k - $1.3m
Median days on market
51
Estimated value trend
8%
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 13/139 Quay Street

2026
Sold
Undisclosed
11 Mar 2026 by Carl Russell, of Ray White Remuera (Megan Jaffe Real Estate Ltd)
2024
Sold
16 Aug 2024 by May Ma, of Ray White Mount Roskill - MKRE Limited Licensed (REAA 2008)
2015
Sold
Undisclosed
20 Mar 2015 by Victor Liu, of Ray White Auckland Central (A T Realty Group)

Happy sellers in Auckland Central

64%
64% 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 181 reviews in Auckland Central over the last 12 months.

Local market activity for 1 bedroom apartments in Auckland Central

In the last 12 months, 219 one-bedroom apartments similar to 13/139 Quay Street, have been sold.

This represents a 18% increase in one-bedroom apartments sales when compared to the previous 12 months.

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