PLEASE BE ADVISED:
• This is a receivership sale and applicable sale terms and conditions apply.
• The property is being sold plus GST
A well-located city asset offering strong net returns and long-term potential - this is a rare opportunity for investors seeking income and upside.
Offered by the Receiver, this 27sqm freehold studio apartment sits in the heart of Auckland's CBD. Leased to MH Management (NZ) Limited at $1,820 per month (gross) until June 2026, this sunny and partially finished unit delivers steady income with minimal upkeep.
This is a must sell!
The property is part of an ongoing building defects claim currently before the Court of Appeal. A customized Deed of Assignment will pass any rights or benefits permitted under the claim to the purchaser at settlement. The Body Corporate continues to actively pursue the recovery of remediation costs through legal channels.
For Sale by Auction (unless sold prior):
12PM, Thursday 19 June 2025
In-room, Harcourts Mt Albert - 4 Mount A
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