Residential
More from realestate.co.nz:
Agents News

1403/20 Mccrae Way, New Lynn, Waitakere City

Caveat Emptor

gavel

Auction

Apartment
Apartment
Bedroom
2
Bathroom
1
Floor area
63m2
Garage
1
On this page:

Auction

Thursday
12:30pm
Level 3, 246 Queen Street, Auckland Central
27
Nov

Property details

Listing # CTA45122 | Listed on 30 October

Penthouse Investment with Huge Upside

Calling all astute investors and opportunity hunters - this is one for those with an appetite for risk and reward.

Perched on the top floor of Merchant Quarter, this penthouse apartment captures breathtaking panoramic viewsacross the Waitākere Ranges and beyond. Offering 2 bedrooms, 1 bathroom, and a secure carpark on separate title, it's a modern urban base in a prime New Lynn location.

The Merchant Quarter complex has known remedial issues. This property is being sold on an "as is, where is" basis.

The Opportunity:
Secure a penthouse position well below typical market value
Potential for significant upside once remediation is resolved
In the meantime enjoy strong rental demand in a high-growth transport and retail hub
Steps to New Lynn Train Station, LynnMall, and local dining

If you're a savvy investor, builder, or developer looking for a high-risk, high-reward play, this could be your next smart move.

For Sale by Auction
Do your due diligence, assess the numbers, and act with confidence.

Your notes
Add notes for your personal reference. This can only be seen by you.

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration