5D/135 Victoria Street West Auckland Central, Auckland City

Auction: 12.30pm, Thursday 19th May (unless sold prior)
Location: In Rooms - 2 Lorne Street, Auckland Central

'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, Waterfornt 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, 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 apartment is the best D type of apartment in the building.
• Freehold, one bedroom and one bathroom apartment
• Total area 47.5sqm (more or less). (approx 39.5 sqm internal plus 8sqm round shape deck
• Building is under remedial works, All repairs cost will be paid by the new owner
• City council rate is $1,165.07/annum
• 2021 CV: $190,000
• Body corporate levy: $1706.60/annum, an Additional Levy Charges of $22,191.00 ($11,095.50 has been paid by the owner) and a Remediation Project Shortfall Balance of $57,902.51.
• Rental appraisal is $400 to $430 Per week.
• 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 for approximately $10,000 per sqm more or less.

Great opportunity for future buyers. If you are a cash buyer and looking for a great investment opportunity, Any price can be possible on the auction day! Call now and do not miss out on this great opportunity!

****INFORMATION PACK CAN BE DOWNLOADED FROM: https://raywhite.co.nz/CTA40160