411/57 Mahuhu Crescent, City Centre, Auckland City, Auckland

Auction: at 34 Shortland Street, City on Wednesday 20 March 2024 at 1:30PM (unless sold prior)

True value on offer here for this warm Hudson Brown apartment. Cleverly designed overlooking the wide public plaza at the entrance of the Spark Arena. Perfect for urban professionals, first home buyers or parents who looking for an affordable and safe option while their kids are at university. Alternatively, this apartment offers investors a very good rental return.

Split level apartment on the Western end top floor containing 2 bedrooms, 1 bathroom and a generous living area, dining and kitchen and a basement car park. Views over Te Tao Reserve and out towards the old Railway station and Parnell. This low-rise complex is a winner of urban acclaim & a superb example of how inner-city development should be.

* Two bedrooms

* One bathroom

* Secure basement carpark

* Cleverly split over 2 levels with a floor area of 81m2

* Designed with effective use of space & well-proportioned rooms & flow

Leasehold Tenure: Lease Term 150 Years from 1996 through to 2146

Ground Rent is reviewed every 7 years. Next ground rent review is August 2025.

Body Corporate Levy including ground rent - $17,534.68 per annum. Levies are

invoiced quarterly.

Well located across the road from the Vector Arena this property is very well positioned. Within an easy walking distance to Countdown supermarket, Queens St, train station, bus terminal and link buses. Harbour Ferries and Motorway access are close by. The downtown Britomart precinct has many of Auckland's top bars and restaurants and continues to grow making this a very desirable place to live. The owner has moved to Wellington, this property must go so let's do a deal.

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