Back 506/85 Beach Road
Off Market

506/85 Beach Road

Te Atatu Peninsula Auckland

1
1
49 sq. ft.
Apartment
Selina ZhengSelina Zheng, last sold this property on 14 August 2025 after 21 days on market.

Overview

Big Potential-Vendor Loss, Your Gain!

Auction: 34 Shortland Street, City on Wednesday 20 August 2025 at 10:00AM (unless sold prior) What we are bringing to you today is the chance to own a FREEHOLD one-bedroom apartment in Auckland CBD at the 1/2 of its actual value, as the building has weathertightness issues. Discerning investors would realise that once a freehold building's defects get repaired, the building's value will raise to what it really worth. That's why this building has such a huge potential! Key Features: • Of course, it’s Stratum in Freehold title • Internal floor size of approx. 49sqm plus a generous balcony • One spacious bedroom with one contemporary bathroom • Bright and airy open-plan kitchen, dining, and living area • Functional kitchen with sleek cabinetry and modern appliances • Situated on the 5th floor, South-west aspect Corner unit • Full furniture package is included • Current vacant, ready for you to move in or rent out • Rental appraisal: $500-550/p.w Annual outgoings: • City council rates: $1,259.93/p.a • BC levy: $9,907.62/p.a Set in the heart of the city, this apartment is within walking distance to everything you need – supermarkets, Britomart Station, Queen Street shopping, Auckland University, AUT, and vibrant local eateries. Public transport is easily accessible, with bus routes and train services just steps away, making commuting effortless and carfree living entirely possible. If you are an astute investor, wants to secure a property with GREAT CASH FLOW and BIG POTENTIAL ON FUTURE CAPTIAL GAIN, please focus your eyes on this one. Motivated vendor instructs to sell! Call Selina for more details!

Features

1 bedroom
1 bathroom
49 sq. ft. floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Te Atatu Peninsula over the last 12 months, the estimated median property value of 506/85 Beach Road is $430k.

Median value
$430k
Estimated value range
$430k - $430k
Median days on market
59
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Te Atatu Peninsula. 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 506/85 Beach Road

2025
Sold
14 Aug 2025 by Selina Zheng, of Barfoot & Thompson - City

Happy sellers in Te Atatu Peninsula

70%
70% of sellers in Te Atatu Peninsula reported that their sale price either exceeded or met their price expectations.

Te Atatu Peninsula stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 121 reviews in Te Atatu Peninsula over the last 12 months.

Local market activity for 1 bedroom apartments in Te Atatu Peninsula

In the last 12 months, 7 one-bedroom apartments similar to 506/85 Beach Road, have been sold.

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