401/57 Mahuhu Crescent
Auckland Central, Auckland City
Auckland Central, Auckland City
SOLD
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1
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A Lot For A Little
In-Room Auction - 12:30pm, Thursday 6th July 2023 at Ray White Auckland Central (Level 3, 246 Queen Street, Auckland Central) - Unless Sold Prior.
Designed to maximise the use of space with open plan living and high stud throughout, and taking advantage of the parkside outlook with its large windows, this one-bedroom apartment, flooded with natural light is reluctantly being let go. Including a fully equipped kitchen (perfect for entertaining), a very well-sized double bedroom with its own balcony, and a covered secure car park - this is the perfect package, and being leasehold, you're not paying for the land - you'll get it for pennies on the dollar.
- Secure Covered Car Park
- Storage Locker
- Excellent Location
- Low Ground Rent
- Rental Appraisal: $550 - $580 per week (furnished)
Outgoings - Only $264.80 p/week!
Body Corporate Levy: $4,903.38 per annum
Ground Rent: $7,255.18 p/annum
Rates: $1,608.88 p/annum
When compared to other leasehold buildings in the area, Hudson Brown stands out for all the right reasons. With very low ground rent, excellently managed, and perfectly located on the edge of the city, this is a shining example of why to buy Leasehold. Due to certain restrictions, the land value on which Hudson Brown has been built is lower than other leasehold sites in the city.
Why is this a good thing?
The ground rent is based on the unimproved value of the land - so not only do you get a building that has been built to a very high spec, you're getting a very low ground rent.
Superbly located, with Britomart Transport Hub and the beautiful ferry building with access to all that Auckland's playground the Hauraki Gulf has to offer only minutes away.
You're spoilt for choice when it comes to eating and drinking with the Viaduct's bars and restaurants, take just a short stroll further and you'll find yourself in Wynyard Quarter. Shopping doesn't get any better - fashion on High Street, Queen Street and Commercial Bay - and your weekly food shop is literally across the road.
Designed to maximise the use of space with open plan living and high stud throughout, and taking advantage of the parkside outlook with its large windows, this one-bedroom apartment, flooded with natural light is reluctantly being let go. Including a fully equipped kitchen (perfect for entertaining), a very well-sized double bedroom with its own balcony, and a covered secure car park - this is the perfect package, and being leasehold, you're not paying for the land - you'll get it for pennies on the dollar.
- Secure Covered Car Park
- Storage Locker
- Excellent Location
- Low Ground Rent
- Rental Appraisal: $550 - $580 per week (furnished)
Outgoings - Only $264.80 p/week!
Body Corporate Levy: $4,903.38 per annum
Ground Rent: $7,255.18 p/annum
Rates: $1,608.88 p/annum
When compared to other leasehold buildings in the area, Hudson Brown stands out for all the right reasons. With very low ground rent, excellently managed, and perfectly located on the edge of the city, this is a shining example of why to buy Leasehold. Due to certain restrictions, the land value on which Hudson Brown has been built is lower than other leasehold sites in the city.
Why is this a good thing?
The ground rent is based on the unimproved value of the land - so not only do you get a building that has been built to a very high spec, you're getting a very low ground rent.
Superbly located, with Britomart Transport Hub and the beautiful ferry building with access to all that Auckland's playground the Hauraki Gulf has to offer only minutes away.
You're spoilt for choice when it comes to eating and drinking with the Viaduct's bars and restaurants, take just a short stroll further and you'll find yourself in Wynyard Quarter. Shopping doesn't get any better - fashion on High Street, Queen Street and Commercial Bay - and your weekly food shop is literally across the road.
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