1 Courthouse Lane, City Centre
- This location has been autonomously mapped, it may not be exact.
1 Courthouse Lane, City Centre
$719,000
A Car Park in Metropolis...And an apartment too.
Car Parks in The Metropolis are like goldust.
Anyone who knows the complex, understands the value that car parks have in the building.
The most recent car park this year I know of that sold on its own sold for $180,000...
The last north facing 1 bedroom above the 20th floor we sold...which was in complete original condition...sold for $550,000...
Add those numbers together. And it's pretty easy to see where the value SHOULD be for this apartment, right?
A savvy buyer will know what's on offer here and understand why this is such a great buy.
First, there are a limited number of these apartments with cars...meaning there is always demand.
Secondly, the value of car parks is likely to increase further due to the recent notice to Auckland residents about the cost of parking.
The apartment itself...it genuinely doesn't get much better if looking for a One Beddy in the CBD.
You get the chance to own arguably the best building in the city, which is opening its own restaurant and bar by the end of the year...that now proudly has one of the best security systems in the city, and has just gone to the effort of upgrading the common areas.
To top it all off, North facing too. Meaning great views over the city and across to the North shore!
Get in touch to arrange a time that suits you.
Note: The photos used are of a similar unit in the same complex; however, please note that the furniture, outlook, and finishes may vary. For more specific details, please refer to the chattels list.
Facts & Features
Title Type
Freehold
Rates
$4874.62
Rental Appraisal
$690-$720 /week
Estimated Net ROI
2.9%
Pets
No Pets
Hayden Peters
Matt Kearns
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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