Cute and Cosy in sought-after Meadowbank
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Cute and Cosy in sought-after Meadowbank
1C Hobday Place, Meadowbank, Auckland 1072, New Zealand
Asking Price$160,000
Details
Description
This two-bedroom upstairs leasehold home in sought-after Meadowbank, has been redecorated inside and out and is looking superb. There is literally nothing to do but move in and enjoy! Located in a quiet cul-de-sac, this property has views of leafy Meadowbank from most windows. Ten minutes by train to both the CBD and Sylvia Park Shopping Centre, it’s also a perfect location for accessing the Meadowbank Shopping Centre, schools, walks, bike rides and parks. It’s very close to the Eastern Bay suburbs of Mission Bay, Kohimarama and St Heliers. Perfect for the savvy investor, first time buyer or downsizer. - Unit – 57 square metres - Two spacious bedrooms - Main bedroom has a large built-in wardrobe - Kitchen has a rangehood and lots of storage - Double glazing in the kitchen and lounge - Bathroom/laundry has extractor fan and a shower over a ‘shub’ - Fresh, neutral colour throughout - North facing – sunny and warm - Lounge opens to a balcony for summer BBQs - Private area on deck - Ceiling insulation - Heat pump/air con - Carport (shared) and storage shed - Zoned for Meadowbank Primary, St Thomas School, Baradene College and Selwyn College - A short walk to St John’s Theological College - Excellent public transport links - Ground rent - $6,750 per annum = $129.81 per week - Council rates - $2,641.04 per annum (2025/2026 year) - Rental return up to $510 - $600 per week (Source: homes.co.nz) - Collective house insurance of $1,034.28 per year per unit (2025/2026 year) The current lease expires in July 2030 with a right of renewal for 21 years. Anna Bradbury - 022 326 2008
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Mortgage breakdown
| Year | Principal paid | Interest paid | Ending balance |
|---|---|---|---|
| 2026 | $159 | $2,331 | $24,841 |
| 2027 | $175 | $2,315 | $24,666 |
| 2028 | $192 | $2,298 | $24,475 |
| 2029 | $210 | $2,280 | $24,265 |
| 2030 | $231 | $2,259 | $24,034 |
| 2031 | $253 | $2,236 | $23,781 |
| 2032 | $278 | $2,212 | $23,503 |
| 2033 | $305 | $2,185 | $23,197 |
| 2034 | $335 | $2,155 | $22,862 |
| 2035 | $368 | $2,122 | $22,495 |
| 2036 | $404 | $2,086 | $22,091 |
| 2037 | $443 | $2,047 | $21,648 |
| 2038 | $486 | $2,004 | $21,162 |
| 2039 | $534 | $1,956 | $20,629 |
| 2040 | $586 | $1,904 | $20,043 |
| 2041 | $643 | $1,847 | $19,400 |
| 2042 | $706 | $1,784 | $18,694 |
| 2043 | $774 | $1,715 | $17,920 |
| 2044 | $850 | $1,640 | $17,070 |
| 2045 | $933 | $1,557 | $16,137 |
| 2046 | $1,024 | $1,466 | $15,113 |
| 2047 | $1,124 | $1,366 | $13,988 |
| 2048 | $1,234 | $1,256 | $12,755 |
| 2049 | $1,354 | $1,135 | $11,400 |
| 2050 | $1,486 | $1,003 | $9,914 |
| 2051 | $1,632 | $858 | $8,282 |
| 2052 | $1,791 | $699 | $6,491 |
| 2053 | $1,966 | $524 | $4,526 |
| 2054 | $2,158 | $332 | $2,368 |
| 2055 | $2,368 | $122 | $0 |
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Cute and Cosy in sought-after Meadowbank
$160,000