Back 409/57 Mahuhu Crescent
Off Market

409/57 Mahuhu Crescent

Auckland Central Auckland

1
1
1
45 m²
Apartment
Last sold for $85,000
Chris CairnsChris Cairns, last sold this property on 16 July 2025 after 15 days on market.

Overview

A LOT FOR A LITTLE! - AUCTION BOUGHT FORWARD!

Motivated seller needs action! Come to the Auction and name your price. Forget FREEHOLD - buy this for less than the deposit of a freehold property and say goodbye to the banks. With comparatively low ground rent, excellently managed, and perfectly located on the edge of the city, this is the perfect example of why to buy Leasehold. Don't let the banks dictate the terms - do the math, $7,470 on ground rent per annum vs the interest you'd pay on a like of like Freehold Apartment - you'll be very surprised. Features: • 45 sqm • 1 Bedroom • 1 Bathroom • 1 covered secure Car Park • Storage Locker • Large Windows throw sun into light , bright apartment for most of the day. Location: Superbly located, with Britomart Transport Hub and the beautiful Ferry Building with access to all that Auckland's playground the Hauraki Gulf has to offer is only minutes away. You're spoilt for choice when it comes to eating and drinking with the Viaduct's bars and restaurants, take just a short stroll further and you'll find yourself in Wynyard Quarter (that's if you get sick of all the amazing restaurants and bars right on your doorstep in the Britomart district). Shopping doesn't get any better - fashion on High Street, Queen Street, and Britomart - and your weekly food shop is literally across the road. Outgoings work out to be only $310 per week: • Body Corp Levy: $7,476 ($6,729 incl. 10% discount for prompt Payment) per annum • Ground Rent: $7,472 per annum • Council Rates: $1,932 per annum Full Information pack available on request. With an extremely motivated vendor, this is your opportunity to pick up this cracker of an apartment at bargain basement prices. For more information and/or to arrange a viewing, please contact us today.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
45 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 409/57 Mahuhu Crescent is $215k.

Median value
$215k
Estimated value range
$20k - $1.3m
Median days on market
45
Estimated value trend
6%
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 409/57 Mahuhu Crescent

2025
Sold
$85,000
16 Jul 2025 by Chris Cairns, of Ray White Auckland Central (A T Realty Group)
2020
Sold
Undisclosed
11 Sep 2020 by Habeeb Urrahman, of Ray White Auckland Central (A T Realty Group)

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 1 bedroom apartments in Auckland Central

In the last 12 months, 216 one-bedroom apartments similar to 409/57 Mahuhu Crescent, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

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