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Owning property in Parnell at this price? Yes, it's possible! This three-level Leasehold townhouse in Parnell Terraces, positioned on the edge of the CBD, offers an affordable yet strategic opportunity for owner-occupiers and investors seeking space, convenience, and a sought-after address.
The location provides easy access to the Waterfront, Parnell Village, and the Auckland CBD, along with quick access to the motorways, delivering the best of city-fringe living while staying connected to all that Auckland has to offer. Additionally, the zoning for Epsom Girls' Grammar School and Auckland Girls' Grammar School offers strong educational options.
Spanning approximately 108 sqm, the layout is designed for practical city living. Two well-sized bedrooms on the top floor enjoy ample natural light from external windows, while the central bathroom is easily accessible. The open-plan living area extends to a private balcony, and a ground-level patio offers further outdoor potential. The tandem garage provides secure parking for two vehicles-an undeniable advantage in this location. A heat pump ensures climate control throughout the year.
For those considering the financials, a rental appraisal suggests a return of $700 to $750 per week. The leasehold structure includes an annual ground rent of approximately $16,368, with body corporate levies of around $7,588 annually.
With the vendor pricing this property to sell, now is the time to secure a foothold in one of Auckland's most desirable suburbs. Whether you're looking for a central home or a well-positioned investment, this is an opportunity worth considering. Contact me today to arrange a viewing or to obtain more information.
