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Auckland Central

509/57 Mahuhu Cres, Auckland Central, Auckland

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1 Bedrooms
1 Bathrooms
1 Parking

Asking Price NZ$229,000

Peanuts!


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 the perfect example of why to buy Leasehold.

Seriously for sale is this extremely well looked after one bedroom with carpark. Designed to maximise the use of space with open plan living, high stud and the well sized double bedroom which has a decent wardrobe and external window to ensure light. The living area is also flooded in natural light that spills through the floor to ceiling windows. The fully equipped kitchen has everything you need with room to add an island if you so desire.

Unlike most apartments which are designed like caves (windows on one side only) this apartment runs the width of the building with windows at both ends which allows a natural ventilation with a through breeze (this is a very rare feature in apartments).

•Secure Covered Car Park
•Storage Locker
•Excellent Location
•Low Ground Rent

Full Information pack available on request.

Superbly located, with Britomart Transport Hub and the beautiful Fairy building with access to all that Auckland's playground the Hauraki Gulf has to offer only minutes away.

Your 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 (that's if you get sick of all the amazing restaurants and bars right on your doorstep in the Britomart district). Shopping doesn't get any better -fashion on High Street, Queen Street and Britomart - and your weekly food shop is literally across the road.

One of the best value leasehold buildings in town. 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 - if you're an investor, I'm sure your ears are starting to prick-up.

With an extremely motivated vendor, this is your opportunity to pick up this cracker of an apartment for what can only be described as....PEANUTS.

Don't miss out, call us today.

Chris Cairns

Chris Cairns


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Steve Kirk

Steve Kirk


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Habeeb Urrahman

Habeeb Urrahman


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Legal Description


Unit B47 and Accessory Unit C71 Deposited Plan 360485

Tenure


Stratum in Leasehold

Title


245966