4/171 Ponsonby Road, Ponsonby, Auckland

All Offers Considered!

SOLD

They say fortune favours the brave, but when you throw central Ponsonby into the mix, you can change brave for visionary.

This two-level terraced apartment has a sexy location overlooking vibrant Ponsonby Road. It looks the business; it is modern, has two bedrooms, and a large open floor plan on the living level which effortlessly flows through fantastic wide-opening doors to a convivial balcony. Add in generous storage and three (yes, three) basement carparks, and life's looking sweet.

Picture yourself with a wine or coffee in hand perusing the Ponsonby strip from your grandstand position knowing that you have a plethora of notable eating establishments within strolling distance, and Ponsonby Central handy for provisions and catch ups.
The apartment has in the past, been leased by a couple of publicly-listed companies as their head office premises so the credentials are proven and encouraging.

But scratch the surface and dang; this apartment is not all that it seems.
There are some serious intrinsic character flaws that just can't be overlooked. Condition assessments have been carried out, with remedial work estimates now available upon request.

So, take a deep breath, consider the inherent value of the location and work out what this property is worth to you.

Here's what we do know: the current CV is $625,000. As to its real value to a forward-thinking buyer prepared to tackle the remedial work that has to be done, that's over to you.

You're savvy, you know that Ponsonby has an innate future-proofed worth for the mere fact that it's an aspirational suburb close to the city with an enduring appeal. Location wins every time.

Do your homework, make an offer - take your chances. Ponsonby is here for the long haul. You could be too.

Body Corporate: $3206 Pa Approx
Rates: $2,409.28