About this property
North facing, penthouse, two bedroom apartment with two bathrooms, one secured car park and one storage locker in Imperial Garden - only a stroll away from the Sky Tower, the Sky City convention center currently under construction, City Rail Link Wellesley Street Station, Queen Street retail shops and University of Auckland. The total floor area is approximately 51sqm including the balcony. The property is currently rented and the rent is $535 per week. The body corp levy is around $4,500 per annum after a 10% discount if paid by the due dates, and includes both hot and cold water.
Imperial Garden is soon to undergo remedial repairs due to weather tightness issues. You can observe this detail clearly and transparently in the body corp AGM and pre-contract disclosure statement. The current estimated remedial cost for this unit is around $160,000 which needs to be paid by the purchaser in the future. The vendor is very serious to sell and has fully taken into account the remedial cost which will absolutely be reflected in the selling price. This is your perfect opportunity to vamp up your investment portfolio and reap the benefits in the end.