20 Wolfe Street, City Centre
- This location has been autonomously mapped, it may not be exact.
20 Wolfe Street, City Centre
$599,000
94m2 Apartment under $600K!
Welcome to ‘Dunningham House,’ a captivating heritage building that overlooks the Viaduct, brimming with character and stories of the past.
Originally built in 1924 as a Kauri Gum Store, this architectural gem has been transformed into 15 exclusive apartments, each exuding its own unique charm. Now, this exceptional apartment with a generous 94m2 floor plan offers the epitome of city living, bathed in history and timeless allure.
As you step into this special space, you’re greeted by its north-east orientation and a profusion of natural light streaming in through its enviable large windows. The spacious open-plan living area is thoughtfully designed for hosting guests, complemented by two well-proportioned bedrooms and a generous bathroom.
The appeal of Dunningham House extends beyond its interior; its location is unparalleled. Among the closest FREEHOLD apartments to the Viaduct, it places you within a short walk of Victoria Park, Wynyard Quarter, Albert Street, Queen Street, Commercial Bay, and an array of New Zealand's finest dining experiences. This is city living at its most convenient and desirable.
It's worth noting that this opportunity is exclusive and comes with certain considerations. The building, constructed in 1924, currently falls below the required earthquake standard and without any changes to legislation/standards will need strengthening by 2055. This presents a rare opportunity for qualified buyers to acquire a property with significant potential and, due to the ongoing project, at a remarkable discount.
So, whether you seek an investment with remarkable upside or a home filled with history and charm, we cordially invite you to explore Dunningham House.
Opportunities like this are truly once in a lifetime and rarely linger on the market.
Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.
Facts & Features
Title Type
Freehold
Rates
$2171.46
Rental Appraisal
$800-$850 /week
Estimated Net ROI
5.42%
Pets
Allowed with BC Consent
DeMaio Vilela
Alastair Kain
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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