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3G/20 Morning Star Place, Mount Albert, Auckland City

Freehold- RISK vs. REWARD - The Vendor Is Quitting

dollar

Asking Price $89,000

Apartment
Apartment
Bedroom
3
Bathroom
1
Floor area
102m2
Garage
2
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Property details

Listing # HPV5897 | Listed on 25 July

The vendors say SELL-here's your chance to invest in a soon-to-be fully remediated complex located in one of Auckland's most popular and convenient suburbs.

St Lukes Gardens Apartments has previously faced weather-tightness issues, but a comprehensive remediation project is well underway. Four blocks have already been completed and signed off with Code Compliance Certificates (CCC), and another block is nearing completion. This gives you a clear sense of the quality of work and the finished standard of the development. The remediation of this particular block is scheduled to begin around October 2025.

The apartment itself boasts a huge floor area of approx. 126m². It features three generous double bedrooms, each with built-in wardrobes-the master also includes an ensuite. The spacious open-plan living area flows through to an enclosed sunroom or optional study, offering a great space for relaxing or working from home. The layout is ideal for entertaining or simply enjoying the elevated outlook. Well-presented throughout, the home offers plenty of potential to add value with your personal touches over time.

Eden Park is just around the corner for game days, and Westfield St Lukes is only a two-minute stroll away. Transport options are excellent, with nearby bus routes, train stations, and easy motorway access.

The ongoing remediation work presents a unique opportunity to purchase at a price that reflects the current stage of the project-allowing savvy buyers to reap the rewards in the long term.

*Property particulars have been obtained by a third party.
If the property is to be used as a rental, compliance with the Healthy Homes Standards will be the responsibility of the purchaser.

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Additional features

Water closet
2 Separate toilets
Rates
Rates: $1,043.81 per annum
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