Asking Price $46,000 Plus GST
Ahoy! We have a one-bedroom apartment available in Shed 20 on Princes Wharf, featuring approximately 64 sqm of interior living space and a spacious balcony with stunning sea views towards Rangitoto Island.
This fully furnished abode is an ideal investment for accommodation businesses or as your city retreat.
Living on the waterfront is a dream come true, and this apartment offers just that. Don't live next to the water; live on it. The waterfront promenade is mere steps from your doorstep and offers a great selection of cafes and restaurants.
Plus, you'll have quick access to the city centre, with plenty of shopping options and transportation hubs, which will be another tick in your box.
The rental appraisal is between $620 and $650 per week, but please note that the property is currently vacant.
This is a Leasehold property with a 97-year term in the Princes Wharf lease. Contact me for lease details. Ground Rent is reviewed annually in accordance with the Consumer Price Index (CPI).
Don't let this opportunity sail away. Contact me today to schedule a viewing or to get more information.
Annual Ground rent: $27,605.24 from 01.09.2025.
OPEX: $9,254.36 plus GST from 01.04.2025 to 31.03.2026.
Auckland City Council Rates: $4,632.19 (Currently commercial, can be re applied for residential).