319/57 Mahuhu Crescent, Auckland Central, Auckland

An astute investment for those recognising the benefits of leasehold properties, Hudson Brown distinguishes itself from surrounding leasehold complexes through competitive ground rent and outstanding management. Located strategically on the fringe of the city, this property presents a prime example of a smart leasehold purchase.

On offer is a well looked after one-bedroom apartment, boasting an east-facing balcony accessible from both the living area and bedroom. Complete with secure covered carpark and storage locker, this apartment presents a full-package investment.

The location of this property is highly desirable among tenants. Just a short walk from your door, you'll discover a vast array of dining and entertainment choices from the Britomart district to the Viaduct Harbour. Top shopping destinations like High Street, Queen Street, and Commercial Bay, along with essential grocery stores, are all within easy reach, and venturing further afield is a breeze thanks to the nearby Britomart Transport Hub.

Our owner-occupier has their sights set on another property. Contact us today to seize this investment before it's gone.

The numbers at a glance

• Asking Price $130,000

• Body Corporate Levy: $13,295.53 p.a. (includes $7,471.75 of ground rent)

• Auckland Council Rates: $1,983.21 p.a.

• Rental Appraisal: $550 to $580 per week