A very nicely presented apartment on the Western side of Princes Wharf, owners of these units are treated to expansive Westerly views across the Viaduct Marina, stretching to the Harbour Bridge and beyond.
The apartment is a very roomy 90sqm including balcony, a huge space to work with and the bathroom and kitchen have been modernised so there's really very little to do, apart from designing your new lounge with your choice of furniture. Seamless flow from the lounge out to the covered balcony, this is really a magical spot to relax and unwind.
Great Auckland bolt hole, or high end rental - or combine the two makes complete sense for owners who live out of Auckland and only need to use the apartment periodically. There is a management company onsite offering different rental options, this could be a very effortless transition for you.
Shed 24 is known as the premium complex on Princes Wharf is is right down the end of the wharf opposite the Hilton and offers some of the finest views in Auckland.
These units don't come up for sale very often! Leasehold aspect makes this a very low capital investment.
To top off this arrangement, a secure car park and storage locker is offered with the sale.
Important to note that unlike any other leasehold complexes in Auckland, the ground rent for Princes Wharf apartments is increased annually on a low fixed percentage rate, which removes all of the uncertainty associated with all other Auckland leasehold structures.
the outgoings are as follows:
Ground rent:$ 25,206.04 pa as of01.09.24
Opex:$ 14,919.59 inclGST
Council Rates: $5,569.40 (commercial rates)
Total: $45,695.03 pa @ 52 weeks =$878.75 pw
Ground lease duration: 97 year lease term (expiry 2095)
Contact Gabriela for a private viewing or join the open homes advertised.
Conjunctions welcome from all agents.