Calmed by the tranquillity of the water and energised by the action-packed city location, this captivating haven at Shed 20, Princes Wharf is a magical place to live.

Overlooking the ferries and Queens Wharf, the spacious open-plan layout includes two double bedrooms - master complete with walk-in wardrobe and ensuite and both rooms having access to the huge entertainers deck catching the best of the morning sun. Postcard views and all yours, everyday, look beyond to the Waitemata Harbour and Hauraki Gulf.

One of the few properties at Princes Wharf with favourable lease terms, being half the amount some of the standard lease repayments are calculated at. The original owner negotiated these special terms when he bought this apartment off the plans.

Featuring a recent full renovation and a real eye for detail, this will be one home you don't wish to leave. Weekends will become one long holiday an if work calls you away, take comfort in knowing that your home is safe and secure.

There is high demand for short term rentals on Princes Wharf, do your numbers based on $300 - $400 per night, you'll realise that this one makes sense.

Important to note: A variation to the lease has been negotiated and is moving through legal channels now, which includes replacement of the 5 yearly ground rent reviews with a fixed annual increase of 3% or the CPI, whichever is greater, and this will be fixed for 25 years. This is extremely positive as it removes all of the uncertainty of the previous rent reviews and is the only leasehold structure in Auckland to offer this scenario.

Enquire for more information including lease details and annual outgoing expenses.