Auckland waterfront apartment sells for $84,000
The two-bedroom, 97-square metre unit located at the Scene One Apartments on 2 Beach Rd features spectacular views across the city's waterfront and harbour and even comes with two car parks, according to interest.co.nz.
Bidding started at $40,000 for the property, with two potential buyers going toe-to-toe before it was eventually sold for $84,000. But according to interest.co.nz, the apartment is not without its issues. The offshore owner of the property was quoted as having said "it needs to go, I've had enough" on Ray White's website. There's a number of unknowns too. Firstly, the unit was sold on a leasehold title, and with the ground rent up for review, but not yet set, there could be a significant increase on the $8316 a year plus operating expenses of $6356 a year and rates of $2078. Secondly, the building, Scene One Apartments, has unresolved remediation issues with the building's owners embroiled in a legal case. The building needs repairs but owners are unable to get clarity on the extent of the remediation work. According to QV.co.nz the unit had been purchased for $420,000 in 2004 and had a 2017 rating valuation (freehold) of $810,000. Last month a one-bedroom unit in the same apartment building sold for $20,000.
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Some Choice News!
Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.
Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.
Thinking about planting something to invite more butterflies, bees, and birds into your garden?
Thanks for your mahi, Alan! We hope this brings a smile!
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