05月18日 Saturday 12:30-13:00
Popular with owner occupiers and tenants thanks to a brilliant location, right over the New Lynn transport hub - Merchant Quarter is a real diamond.
Unfortunately remedial defects have been found - and so we need to polish this diamond to make it shine again.
Over the coming years, litigation and remediation will ensue as the required polish is applied.
Our sellers do not with to participate and so sell at a discount for an investor to come in and take over.
Apartment 507 is a 2 bedroom apartment with a car park on a separate title. It features an outdoor patio area and is home to a tidy family who would love to stay on as tenant.
You'll be a cash buyer or multi property owner and ready to buy at a significantly discounted sale price so that you can sell something of polished value on the other side.
We've seen thousands of investors make huge profits from investing in buildings with defects.
Strategically located in the New Lynn Hub - the CBD of the West. Trains, Buses and taxis are at your doorstep - as is the fabulous Lynn Mall for all your shopping and dining needs.
Realise the future values once the complex is fixed up and the property market has moved on.
Call Scott today for an info pack.
AUCTION 22 May 2024 (unless sold prior). Bidding available in person, by phone or online.
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
New Lynn School | 0.62 km | Primary | 1-6 | Government | Co-Educational | EQI: 455 | 4 | |
Kelston Girls' College | 1.70 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 509 | 2 | |
Kelston Boys' High School | 1.87 km | Secondary | 9-15 | Government | Single Sex-Boys | EQI: 507 | 3 | |
Kelston Intermediate | 2.16 km | Secondary | 7-8 | Government | Co-Educational | EQI: 507 | 2 |