Affordable CBD living at The Docks – 2 bedrooms, 2 bathrooms, balcony & secure car park.
Here’s your opportunity to secure a spacious two-bedroom, two-bathroom apartment in the heart of Auckland CBD, complete with a balcony and one secure car park.
The apartment is now vacant, following the departure of the tenants, and the overseas owner is very motivated to sell.
Inside, you’ll find a generous open-plan living and dining area flowing through to a fully equipped kitchen, two bedrooms, two bathrooms, this apartment that offers considerably more space than many inner-city options. Whiteware and some furniture is included, making this an easy option for an owner-occupier or investor.
The building is well maintained and professionally managed, with an active Body Corporate Committee and resident Building Manager.
LIVE IN THE HEART OF THE CITY
The Docks is superbly positioned within easy walking distance of Britomart, Commercial Bay, Queen Street, Woolworths supermarket, cafés, bars and restaurants.
With Auckland’s train, bus and ferry networks close by, getting around the city and beyond is easy.
A PROVEN RENTAL INVESTMENT
The Vendor has owned this apartment since The Docks was constructed in 2007 and has operated it as a rental investment.
The apartment was previously rented for $700 per week, with a history of strong occupancy and rental returns.
Now vacant, the purchaser has the flexibility to move in themselves, buy for their kids at Uni or secure a new tenant.
Leasehold tenure: 150-year lease commencing 1996
Ground rent review: Every 7 years
Next ground rent review: August 2032
Leasehold properties can offer a significantly lower purchase price than comparable freehold properties, providing a CBD apartment at a more accessible entry price.
PROPERTY EXPENSES
• Body Corporate Levy, including ground rent: $21,710 per annum
• Levies: Invoiced quarterly
• Council Rates: $2,315 per annum
• Total Expenses: $462 per week
View online: www.barfoot.co.nz/859058 Contact me for the property files and viewing options.
Please note: The photographs used in this advertising are of another similar apartment within The Docks building.
