Barclay apartment sells at auction

One apartment in the Barclay on Albert St sold at Ray White City Apartments’ auction today, but the other on offer, in the Meridian off Karangahape Rd, didn’t attract a bid.

CBD

Albert St

Barclay, 70-74 Albert St, unit 2003:
Features: 45m², one bedroom, 7m² balcony
Outgoings: rates $3210/year including gst; body corp levy $4913/year
Income assessment: $500-550/week furnished
Outcome: sold for $402,000; 6-month settlement to get it out of the hotel pool
Agent: Steve King

Uptown

Meridian, 11 Howe St, unit 2G:
Features: 47m², 2 bedrooms, balcony
Outgoings: rates $1118/year including gst; body corp levy $3791/year
Income assessment: $550-580/week furnished
Outcome: no bid
Agents: Mitch Agnew & Ryan Bridgman

Attribution: Auction.

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