Freshly renovated to a very high standard, this bank friendly, freehold residence, stands out as one of the best in class in the building. Being sold fully furnished, there will be nothing for you to do but move in and enjoy.
If you're a lover of character, you'll absolutely love this. Originally completed in 1918 as the Farmers Trading Company flagship store with its famous rooftop playground, converted to apartments in 1998, now offers the perfect mix of old world character and charm with the convenience and comfort of modern living.
Equally, for those looking for unrivalled, resort style facilities, this is not to be missed.
Rooftop Facilities
- Sun lounge,
- Swimming pool,
- Spa pool,
- Gym
Indoor Facilities
- Swimming pool,
- Spa pool,
- Sauna
- Gym
Location: Positioned on Hobson Street in the heart of the City Centre, you're moments from Commercial Bay, Sky City, the Viaduct, Wynyard Quarter and excellent transport links. A highly walkable precinct with strong appeal for both owner occupiers and quality tenants and shirt stay accommodation guests.
Currently run as an Airbnb it offers buyers the flexibility to continue the operation or change tact to a long term rental (appraised at $or private residence.
Air BnB Numbers (January to November):
- Average nightly rate of $216
- 74% occupancy
- Gross Income $40,833
Long Term Rent Appraisal:
- $750 to $775 per week
- Gross Income $39,000 to $40,300
Key features
- 51 sqm one bedroom apartment
- Renovated throughout (kitchen, bathroom, flooring, lighting, fixtures)
- Bright open-plan living
- Bathroom includes a bath and separate shower, creating a cocoon of comfort in the middle of the city
- Freehold title
- Includes one secure car park on a separate title (sellers are happy to retain the car park if not needed)
Who this suits: Ideal for anyone wanting to continue operating an established Airbnb, secure a no-fuss rental, enjoy a home away from home or settle into full-time, resort-style living in a central and convenient location.
Being Sold by Auctions where the sellers intend on meeting the market. Contact us today to arrange a viewing, for a full information pack and/or to discuss bidding or placing an PRE AUCTION OFFER.
