203/86 The Strand, Parnell

A smart first step into Parnell!

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For professionals and couples wanting to be close to the City without giving up lifestyle, this location is hard to beat.

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An outstanding and cheap opportunity for those looking for a stepping stone into the Auckland property market, this is an opportunity to secure a genuine Parnell address and enjoy the benefits of a well-established residential community, without the price tag typically associated with freehold property in the suburb.

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Some of the residents here include doctors at Auckland Hospital, busy people who work long hours in the corporate world, elderly who desire peace of mind, security and companionship for a fraction of the price tag that other alternatives offer. Our vendor purchased this apartment when he first arrived in NZ to house his young family as a first home until they eventually outgrew the property.

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The apartment:

• A spacious one bedroom / one bathroom layout
• Light-filled open-plan living
• An extra-large north-west facing balcony with excellent sun
• One secure car park
• A large storage locker for those extra items
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The Mirage is renowned for its outstanding resort-style facilities, giving residents access to:

• Outdoor swimming pool
• Indoor heated lap pool
• Fully equipped gym
• Tennis court
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Located in one of Auckland's premier suburbs, you'll enjoy easy access to Parnell's cafés, restaurants, boutiques, the CBD, Auckland Domain and transport links.

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ANNUAL OUTGOINGS:

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Body Corporate: $13,396.32

Ground rent: $13,850.40

Rates: $2,243.03

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Lease: 150 lease (expiry 2146)

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Tenancy: Vacant

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The underlying land is leased from Whai Rawa Railway Lands LP for a term of 150 years from 2nd August 1996.

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This apartment is leasehold, creating a rare opportunity to secure a premium Parnell address for significantly less than comparable freehold properties. It's an ideal option for owner-occupiers seeking lifestyle and value, or investors looking for strong short-term accommodation potential, including Airbnb (subject to all applicable rules, regulations and body corporate requirements).

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Enquire today for a full information pack.

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