14 Waterloo Quadrant, City Centre
- This location has been autonomously mapped, it may not be exact.
14 Waterloo Quadrant, City Centre
SOLD
$200k on Purchase
The Connaught has long been one of the most sought-after freehold apartment buildings in Auckland CBD.
With an amazing long-term owner’s community, excellent building manager, and iconic Auckland location, this apartment 5C/14 Waterloo Quadrant is within a short stroll from Albert Park, Britomart, Queen Street, and the University district bringing unrivaled convenience to central Auckland living.
Unfortunately, some issues have been discovered which have been pounced on by the body corporate and the apartment building is due to be completely overhauled to restore it to its original glory and better.
With these apartments selling 5C/14 Waterloo Quadrant at a discount as a result of the levies still to be raised, there is a handsome sum of money to be made for an astute, cashed up investor with a mid-term outlook.
Someone is going to snap this apartment up at a fraction of its true market value and benefit from the brand-new building renovation and the security of guarantee that a new Code of Compliance will bring.
This sought-after one-bedroom apartment situated on the 5th Floor has unobstructed views across Auckland to the Sky Tower and cannot be built out.
BC Fees $5537.00
Appraised Rent $530.00 per week = $27k per annum
Floor area 56sqm
1x Storage Locker
Fully Furnished
With limited options to secure lending for this purchase, we are encouraging interest from purchasers with cash and/or sufficient equity that they can leverage.
Note: The furniture in the photos may vary from the current chattels. Speak to agent for details.
Facts & Features
Title Type
Freehold
Rates
$1211.41
Rental Appraisal
$550-$590 /week
Pets
Allowed with BC Consent
Sovannara Meak
Rory Hunt
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
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