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6W/435 New North Road, Kingsland, Auckland City

Buy Now - Reap the Rewards Later

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Auction

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
51m2
Garage
1
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Auction

Thursday
12:00am
Level 3/246 Queen Street Auckland Central
22
Oct

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Property details

Listing # CTA48348 | Listed on 29 September

6W/435 New North Road, Kingsland - The Kingsland

Here's an opportunity for buyers who can see past the scaffolding and recognise where the value could be once the works are completed.

Offering a generous 51m² one bedroom apartment, secure car park and storage unit, 6W at The Kingsland has all the right ingredients in one of Auckland's most popular city-fringe locations.

The Kingsland is currently undergoing remediation, with completion expected in 2027. Yes, work is happening now, but with no vacancy and a current long term tenant who wants to stay, that's exactly where the opportunity lies. Buy at a level that reflects the building's position today, with the potential to benefit once the remediation is complete and the building moves into its next chapter.

Even better, around half of the remedial levies will have already been paid, with the Vendor ensuring all remedial levy instalments due up to the date of settlement are paid up to date. That means a significant chunk of the remediation cost is already behind you, while the potential upside is still ahead.

All Body Corporate information and documentation pertaining to the remediation is available upon request, allowing buyers to fully understand the work, costs, and progress.

Basic details

  • Freehold
  • 51m² one-bedroom apartment
  • Secure car park
  • Storage unit
  • Remediation expected to be completed in 2027
  • Being sold with tenant - $450 per week
  • Remedial levies payable to date will have been paid by the Vendor on settlement
  • Fantastic Kingsland location with cafés, restaurants and transport on your doorstep
  • Easy access to the CBD and surrounding city-fringe suburbs

This isn't about paying tomorrow's price today. It's about buying while there's still a reason for the market to discount it.

Buy it now. Let the building works run their course. Then see what 2027 brings.

The Vendor is ready to move on, so if you're looking for an apartment with genuine future upside get in touch today.

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