Back 407/125 Customs Street West
Off Market

407/125 Customs Street West

Auckland Central Auckland

2
1
1
Apartment
Alexander KramarenkoAlexander Kramarenko, last sold this property on 02 July 2025 after 323 days on market.

Overview

Best Time to Buy! New Levy Announced.

A new levy has been announced, and for buyers considering a leasehold property, ground rent is a key factor. Great news - the proposed increase for the next seven years is only 16.42%, and negotiations are ongoing to secure the best outcome. Spanning approximately 78 sqm, this apartment offers two double bedrooms, a well-sized bathroom, and an open-plan kitchen and living area that seamlessly extends to a spacious balcony. To complete the package, this apartment comes with a secure car park. Annual Costs: ? Council Rates $3,120 (2024/2025) ? Body Corporate Fees: $11,770 (before discount) ? Ground Rent: $11,649 (before discount) Enjoy the convenience of being within walking distance to Britomart, Commercial Bay, and the diverse offerings of Wynyard Quarter and Viaduct. The location truly enhances your lifestyle. Simplify your life while staying vibrant. The vendor has already purchased elsewhere?call now to view this apartment, as it ticks all the boxes!

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
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 407/125 Customs Street West is $402.5k.

Median value
$402.5k
Estimated value range
$20k - $1.93m
Median days on market
75
Estimated value trend
-4%
decrease 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 407/125 Customs Street West

2025
Sold
02 Jul 2025 by Alexander Kramarenko, of Barfoot & Thompson - City

Happy sellers in Auckland Central

63%
63% 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 175 reviews in Auckland Central over the last 12 months.

Local market activity for 2 bedroom apartments in Auckland Central

In the last 12 months, 203 two-bedroom apartments similar to 407/125 Customs Street West, have been sold.

This represents a 19% increase in two-bedroom apartments sales when compared to the previous 12 months.

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