Generous one-bedroom apartment at Princes Wharf on offer
Yes it is leasehold but the lease is long so don't worry
Perfect pad for short stay accommodation or your city base
Out of town owner reluctantly moves on
Everything at your doorstep from Britomart, Wynyard Quarter and Viaduct Harbour
Genuine opportunity to purchase an apartment on Princes Wharf at outstanding value
Important to note the ground rent for Princes Wharf is increased annually by 3% or the CPI (whichever is greater) and this is fixed until at least 2039. This is extremely positive as it removes all of the uncertainty with the previous five yearly ground rent reviews that were in place.
The apartment is vacant so view anytime.
Outgoing:
Opex = $9,560.06 plus GST per annum for the year ending 31/03/21. | Ground Rent = $17,462.04 per annum effective 01/09/2020. | 97 year lease.
Council Rates - $1765.35 per annum
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