One of the most luxurious completed apartments an experienced developer has ever had created is being offered for significantly less than a market valuation and council’s current valuation.
This second-floor apartment in upmarket boutique development XXXII is the last of 10 available, being offered for $3.895 million – significantly less than market valuation and its $4.75m CV.
Developer David Southcombe, of Maidstone Properties, says: “That’s a nice enticement for someone who’s looking for a beautiful apartment of this quality.”
This Shelly Beach Road, St Marys Bay building architecturally designed by Paul Brown & Associates was completed two years ago. This one available three-bedroom residence has never been lived in, with David waiting for market conditions to become more favourable.
Start your property search
“That price equates to $25,000 per square metre which is excellent buying for a luxury apartment. And you can move in immediately.”
The pet-friendly, five-level building (that includes the penthouse level) is about four minutes’ walk from the delights of Jervois Road. The name XXXII is the roman numeral for its Number 32 address.
“It’s a good looking building in a great location,” he says.
David’s well-known previous developments include two Paul Brown & Associates designed ones on Great North Road opposite Audi, 50-residence Crest (completed in 2020) and 43-residence North Apartments (completed in 2017).
Apartment 201 is on XXXII’s second floor with a pleasing north-west orientation.
The pet-friendly, five-level building was designed by Paul Brown & Associates and completed two years ago. The three-bedroom residence for sale has never been lived in.
Apartment 201 is on XXXII’s second floor with a pleasing north-west orientation.
David says: “So it’s not too high up and you feel like you’re connected to the neighbourhood.
“It’s got natural light coming in on three sides so the sun follows around the apartment, delivering wonderful light and warmth. It encompasses 195sqm of space including its 34sqm covered balcony.
“It’s got expansive views straight out to the Harbour Bridge and up the upper harbour, which feel like the sort of views you get in Sydney. We’ve found this building appeals to professionals and retired professionals who still want to live in a vibrant urban community.”
Each floor is split-level so this residence effectively occupies an entire floor, with the secure lift opening directly into its layout.
“The floorplan feels really spacious and there’s good storage so it is the sort of place you can live in easily.”
The open-plan living-dining-kitchen with scullery features a stunning wall of terrazzo stone incorporating an Escea fireplace and wide-plank oak flooring.
The décor favours beautiful natural tones. Both this space and the primary bedroom have double-glazed floor-to-ceiling sliding glass doors opening to the balcony. Outdoor living includes a larger north-western outdoor entertaining area extended by strip balconies around two sides of the apartment.
The strip balconies around two sides of the apartment are large enough to walk around and lean on the balustrading, taking in the views.
These strip balconies are large enough to walk around and lean on the balustrading, taking in the various views.
The Poggenpohl kitchen with spacious scullery includes a large porcelain island, Gaggenau appliances and a Liebherr fridge-freezer. The primary bedroom has a free-standing bath in its ensuite and wide wardrobing. It is accompanied by two more bedrooms and the second bathroom.
Exterior louvres ensure privacy while discrete central ducted heating manages temperature room by room. This apartment comes with two side-by-side parking spaces, with storage options, in the secure basement car park.
Its location is a short walk from Ponsonby, Westhaven Marina, the Viaduct and the CBD, with easy access to the harbour bridge and North Shore.
Barfoot & Thompson agent Carl Watkins says: “This is an ultra high-spec apartment with a wonderful north-west orientation, safe and secure.”
- 201/32 Shelly Beach Road in St Marys Bay, Auckland, is for sale for $3.895m
