Sold
Apartment

3A/8 Scotia Place Auckland Central, Auckland City 1010

Sold on 5 Apr 2018
  • 1 Bed
  • 1 Bath
Agents

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Apartment in Auckland Central

Leaky Lapwood

  • 1 Bed
  • 1 Bath

Yes - this building has weather tightness issues
Yes - this means the upside for an astute investor is HUGE!
Yes - The location is hard to beat, sitting on the edge of recently upgraded Myers Park and only metres from Queen Street
Yes - this 31sqm freehold one bedroom apartment will provide an excellent return on investment.
Yes - you will need cash or equity (no bank funding available here)
Yes - there will be future levies raised to pay for remediation work
Yes - the selling price will reflect these issues and leave substantial room for potential profit.
Yes - the current owner has demanded a sale by auction
Yes - you should ask for an information pack today for a detailed breakdown
YES - you should arrange a viewing time for this property today

Property ID:

CTA31758

Building:

30m²

Bedrooms:

1

Bathrooms:

1

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