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35 Hobson Street, City Centre

Hero | 35 Hobson Street, City Centre | Apartment Specialists
35 Hobson Street, City Centre
  • This location has been autonomously mapped, it may not be exact.
35 Hobson Street, City Centre
$899,000
1
1
96m2

Age & Size, Only a Number?

With most things in life, age & size are only numbers but not when it comes to apartments.

To find a 96m2, 1 Bedroom apartment is already a true rarity. To find one that is located in a landmark character building that is over 100 years old is your needle in a haystack.

The Heritage Hotel, many will fondly remember as the Farmers department store. Originally built in the early 1920's and later converted to apartments in 1998, the complex is a timeless classic, rich with history that boasts art deco style and grace paired with world class facilities and an unbeatable Auckland location.

The Heritage is located in the middle of Auckland’s ultimate lifestyle triangle, literally a stone’s throw from Wynyard Quarter, The Viaduct and Queen St. The ingredients are there for the values to remain for years and increase over time. Talking of values…

Out of more than 30,000 apartments in Auckland's CBD and city fringe, less than 1,000 of these are character. As time passes, the city expands and we continue to build new apartment complexes, opportunities like this one only become an even more special and rare commodity. Like any other commodity, with rarity comes value. Think gold or silver.

The situation where you are purchasing something below the current cost to build it, is a drawcard in itself. None of these character apartments would be built in today’s market due to the materials and costs involved. Some would cost $20,000 plus per m2 to emulate today. Combine the above and you have the reasons why character stock will always command the highest prices in the years to come.

This light, bright, north facing apartment, spanning over a vast 96m2 is available for viewing now. Call our agent to book your private appointment and see all that the Heritage has to offer.

Facts & Features
Title Type
Freehold
Rates
$2383.05
Body Corp Fees
$8016.8
Rental Appraisal
$640-$680 /week
Estimated Net ROI
2.66%
Pets
No Pets
Alastair Kain | 35 Hobson Street, City Centre | Apartment Specialists

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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    This location has been autonomously mapped, it may not be exact.

    35 Hobson Street, City Centre

    $899,000