Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
Real Estate Agents
Ray White Auckland Central - City Realty Ltd Licensed (REAA 2008
246 Queen Street
Auckland Central
Auckland 1010
Auckland Central
Auckland 1010
- Listing #:
- CTA45122
- Listed:
- 39 days ago
Auction (unless sold prior)
Thu 4th Dec 12:30pm
Caveat Emptor
1403/20 Mccrae Way, New Lynn, Waitakere CityApartment
-
- 2 Bedrooms
-
- 1 Bathroom
-
- 1 Car Garage
-
- 63m2 Floor Area
About this property
Penthouse Investment with Huge UpsideCalling all astute investors and opportunity hunters - this is one for those with an appetite for risk and reward.
Perched on the top floor of Merchant Quarter, this penthouse apartment captures breathtaking panoramic viewsacross the Waitākere Ranges and beyond. Offering 2 bedrooms, 1 bathroom, and a secure carpark on separate title, it's a modern urban base in a prime New Lynn location.
The Merchant Quarter complex has known remedial issues. This property is being sold on an "as is, where is" basis.
The Opportunity:
Secure a penthouse position well below typical market value
Potential for significant upside once remediation is resolved
In the meantime enjoy strong rental demand in a high-growth transport and retail hub
Steps to New Lynn Train Station, LynnMall, and local dining
If you're a savvy investor, builder, or developer looking for a high-risk, high-reward play, this could be your next smart move.
For Sale by Auction
Do your due diligence, assess the numbers, and act with confidence.
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