Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008

Real Estate Agents

Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
246 Queen Street
Auckland Central
Auckland 1010
Listing #:
CTA45087
Listed:
17 days ago

Asking Price $289,000

Shining Opportunity in Auckland's Heart

611/85 Wakefield Street, Auckland Central, Auckland City
Apartment
bedroom
1 Bedroom
bathroom
2 Bathrooms
floorarea
39m2 Floor Area
About this property
This 1-bedroom, 2-bathroom in the Tetra Apartment building, covering approximately 39 sqm, offers an opportunity for investors, parents of university students, or anyone seeking a property with future potential.

As a corner unit, the apartment is filled with natural light thanks to its floor-to-ceiling windows. Fully furnished and ready to move in, it offers a hassle-free living solution ideal for those looking to settle in quickly.

Located in the heart of the University Hub, the apartment offers easy access to public transport and is just a short walk to Auckland's CBD. For investors, there's additional potential - Subject to Body Corporate and Auckland Council approval; you could convert the apartment into a dual-key layout, unlocking further rental opportunities.

The body corporate levy is around $5,525 annually, including hot and cold water, insurance, and internet. City Council Rates is approximately $1,428 per year. The current rental appraisal is $470 to $500 per week. CV $320,000.

With its great location and future possibilities, this apartment offers both practicality and potential for growth. Contact me today to learn more or to arrange a viewing.
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