L9/135 Victoria Street West Auckland Central, Auckland City

'Victopia' complex - Best Location on the corner of Nelson Street and Victoria Street, opposite the TVNZ building, and super close to Sky Tower. Well known for its magnificent location.

Only a short stroll from the supermarket, Queen Street, cinemas and Downtown. For those who love and seek the City lifestyle this area offers a selection of great cafes, restaurants and fashion boutiques. Very close to major bus routes, the train and ferry terminals. Universities are only a short distance away. Even more, the under construction New Zealand's largest International Convention Centre is just across the road. Here is the golden location with huge potential in the future.

The complex is currently vacant and undergoing extensive remedial work. The owner won't wait till construction finishes, and wants it sold ASAP!! Their loss and your gain! Inner city apartments with no remedial issues are selling approximately $10,000 per sqm more or less. Do your numbers! It was rented for around $445pw before Covid.

If you are a cash buyer and looking for a great investment opportunity, we are offering a freehold title, approximately 36sqm, two bedroom, one bathroom, east facing apartment with deck. Remedial bills to pay before the end of this year is $77,715. All remedial bills is for buyers to pay as the owner is not able to afford it.

Body Corporate Levy: $1,558.56 (for period 25/5/21 - 25/5/22)
Council Rates: $1,165.07 p.a.
Rental appraisal: $340-$360 pw (current market)

Do not miss out on this great opportunity! Call us today for more information.