Renovated Studio in Tower Hill • Freehold • Tenanted • Auction
Centrally located and freshly refurbished, this furnished studio in Tower Hill is the perfect turn key investment or future city bolt hole. Set just moments from Britomart, Queen Street and the university precinct, don't miss this opportunity to pick up an absolute bargain in one of the CBD's best locations.
On the fourth floor and privately positioned, the apartment has been stylishly updated throughout, with a brand new kitchen, bathroom, flooring, lighting and is being sold fully furnished. Currently rented at $450 per week until November, offering reliable income from day one.
Ignore the CV of $280,000, this is going, going, going to be gone on Auction Day (if not sold prior, pre auction offers encouraged).
• Fully renovated interior, with the exterior also currently receiving it's own renovations.
• Approx. 34sqm studio layout
• Freehold title (no leasehold)
• Tenanted at $450 per week until 20 November 2025
• Sold fully furnished and ready to go
• Popular building with a grand entrance and resident gym
• Just a short stroll to Auckland Uni, Britomart, Queen Street, Commercial Bay, The Ferry Building, The Viaduct and Albert Park
Key Details
• Rental Appraisal $450 to $475 per week
• Body Corporate Fees $2,993.58 per annum (prompt payment discount applied)
• Rates $1,265.95 per annum
• Title Stratum in Freehold (NA120A/126)
• RV $280,000
• Floor Area 34sqm (approximately)
Auction Details
12.30pm, Thursday 19 June 2025
Ray White Auction Room, Level 3, 246 Queen Street, Auckland Central
The owner has left Auckland for good and is motivated to see this sold. With income in place and immediate appeal, this is smart buying in a tightly held part of the city.
Full information pack available on request. Viewing by appointment or Open Homes as advertised.
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