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!
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