409/57 Mahuhu Crescent Auckland Central, Auckland City

Motivated seller needs action!

Come to the Auction and name your price.

Forget FREEHOLD - buy this for less than the deposit of a freehold property and say goodbye to the banks. With comparatively low ground rent, excellently managed, and perfectly located on the edge of the city, this is the perfect example of why to buy Leasehold.

Don't let the banks dictate the terms - do the math, $7,470 on ground rent per annum vs the interest you'd pay on a like of like Freehold Apartment - you'll be very surprised.

Features:

• 45 sqm
• 1 Bedroom
• 1 Bathroom
• 1 covered secure Car Park
• Storage Locker
• Large Windows throw sun into light , bright apartment for most of the day.

Location:
Superbly located, with Britomart Transport Hub and the beautiful Ferry Building with access to all that Auckland's playground the Hauraki Gulf has to offer is only minutes away.

You're spoilt for choice when it comes to eating and drinking with the Viaduct's bars and restaurants, take just a short stroll further and you'll find yourself in Wynyard Quarter (that's if you get sick of all the amazing restaurants and bars right on your doorstep in the Britomart district). Shopping doesn't get any better - fashion on High Street, Queen Street, and Britomart - and your weekly food shop is literally across the road.

Outgoings work out to be only $310 per week:

• Body Corp Levy: $7,476 ($6,729 incl. 10% discount for prompt Payment) per annum
• Ground Rent: $7,472 per annum
• Council Rates: $1,932 per annum

Full Information pack available on request.

With an extremely motivated vendor, this is your opportunity to pick up this cracker of an apartment at bargain basement prices.

For more information and/or to arrange a viewing, please contact us today.