This excellent position provides the ideal Auckland City location for either the weekend city party warrior or city locked workweek workaholic, Either way you are well placed for every outcome. This well presented first floor Princes Wharf one bedroom Leasehold apartment is sure to satisfy all genre. A very light filled and sunny apartment flows out to a West facing deck that captures the activities of this amazing International Terminal Wharf. The Princes Wharf Lifestyle is fast becoming the place to be with a choice of Auckland's top restaurants' and bars literally at your doorstep and Queen Street just a short stroll up the road. Currently under rented at $400.00 per week, (on periodic should be $450.00 Short term Air B& B rental could well be much higher).The current owners are on a new venture and want this sold before Christmas. Priced to meet the market for a quick sale; get in now before it's snapped up by another savvy buyer. A prime location like this is hard to come by so don't muck around.

Operating Expenses = $5,892.14 plus GST per annum
Ground Rent = $14,925.80 per annum effective 01/09/2017.on a 97 year lease starting 1999.
Following the recent lease variation the Ground Rent now increases annually on 1 September each year. The increase is the greater of CPI or 3%. This variation runs for 25 years commencing 01/09/2014.