Listing Description
Hotel Standard. Freehold Title. No Lease Ties.
404/188 Hobson Street, City Centre, Auckland City, Auckland
Enquiries over $225,000
Details
| Attribute | Value |
|---|---|
| Property type | Apartment |
| Capital value (CV) | $210,000 |
| Agency reference | CTA46483 |
| Broadband in the area |
Description
Positioned in the well-managed Hobson Oaks complex, this one-bedroom apartment with a balcony offers an enticing opportunity for both homeowners and investors. Approximately 30 sqm in size, it's in excellent condition and is designed to hotel standards, making it ideal for those seeking comfort, practicality, and a strong rental prospect. The apartment is being sold with vacant possession and NO hotel lease attached, allowing for immediate occupation or letting.
Fully furnished and equipped with air-conditioning, a functional kitchen, laundry facilities, it's a turnkey solution for city-based living or investment.
Located just a short walk from Queen Street, Aotea Centre, Sky City, Britomart, and the Viaduct, residents will appreciate the unbeatable central location with immediate access to public transport, retail, dining and nightlife
The current body corporate levy (approx. $7,900 p.a.) includes power, water, Sky TV, air conditioning, and building insurance. Rates are currently set at commercial levels ($2,095 p.a.) but can be reapplied for residential use. The rental appraisal ranges between $475 and $525 per week, this apartment presents a well-rounded option in the heart of the city.
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