Home or Income?


57 Mahuhu Cres, Auckland Central

Asking Price NZD $224,000

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Home or Income? | 57 Mahuhu Cres, Auckland Central | 1654142 |      X Close
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Description

Home or Income?


Tucked away from the hustle and bustle next to the grand and beautiful old Railway Station building and Mahuhukiterangi Reserve you'll find Hudson Brown and this very smart, one bedroom apartment complete with car park.

Reluctantly be sold due to change in circumstances by owner occupier, you'll struggle to find a better look after apartment. Excellent layout with loads of light and clever island in the kitchen maximise space and liveability and with level access via the lift from the car park, this is a safe, secure, easy living option for young and old.

Features

Size: 45sqm

Bedrooms: One

Bathrooms: One

Car Park: One Secure and Covered

Outgoings

Total outgoings only $244 per week

Rates: $1,503.17

Body Corp Levy: $3,714.75*

Ground Rent: $7,471.75 (fixed to Oct 2025)

Potential Income

Rent Appraisal: $520 to $560 per week - furnished.

Net Return On Investment: 7.76%

It's easy to see why Hudson Brown is such a popular complex with owner occupiers and tenants alike. Its unique layout instils a sense of safety and community whilst maintaining privacy within each of the residences. Completed in 2005, the designers achieved a unique look by marrying together a mixture of materials whilst maintaining performance with extensive ventilated cavity systems throughout. Add to that certain restrictions on the land that you also get a ground rent that is much lower compared to others in the area (ask us how this works).

This has been priced to sell and we expect it to be snapped up so make sure you contact us today to arrange a viewing.