14 Waterloo Quadrant, Auckland Central, Auckland

PRICE DROP! Vendor wants out, act now!

Current tenants are paying $750 per week.
Vendors are motivated and realistic.
Asking price is $179,000
Remedial costs for unit due October 2023 = $446,000
Remedial project due to commence October 2023, all occupants must vacate for 30 months approx. during the project
Recent two bedroom sales in building ….
Unit 10G - $270,000 August 2022
Unit 9G - $255,000 September 2022

The Connaught has always been considered one of Auckland's most luxurious and beautiful FREEHOLD apartment buildings with its unique European historical design, beautiful Edwardian facade, and impressive wood-panelled lobby. But after witnessing the change and development of Auckland CBD for over 20 years, largescale maintenance work is currently necessary to preserve the building and refresh it. A rare corner two-bedroom with one carpark apartment is going to be up for grabs.

This fabulous city complex features:
• Located on the Northern side of Level 6, with stunning views
• A beautiful bay window facing to the Northern side
• Of course, it's Stratum in Freehold
• 76sqm internal floor size plus a huge balcony
• Two good-sized bedrooms with one bathroom
• One undercover secured carpark as a bonus
• Open plan living that has slider access to balcony
• There is an onsite swimming pool and GYM, as well as a live-in building manager.

The location is unbeatable being opposite the Old Government House and adjacent to the High Court. You will be within easy walking distance to the city, Albert Park, and universities. You will also be only a stone's throw away from Britomart transport hub with all its upmarket restaurants and bars.

The Connaught has upcoming repair work, but this could be an opportunity for the savvy investor with an eye on the future. Get in quick, this is one for the future!

The vendor is serious to sell!