Auckland waterfront apartment sells for $84,000
The two-bedroom, 97-square metre unit located at the Scene One Apartments on 2 Beach Rd features spectacular views across the city's waterfront and harbour and even comes with two car parks, according to interest.co.nz.
Bidding started at $40,000 for the property, with two potential buyers going toe-to-toe before it was eventually sold for $84,000. But according to interest.co.nz, the apartment is not without its issues. The offshore owner of the property was quoted as having said "it needs to go, I've had enough" on Ray White's website. There's a number of unknowns too. Firstly, the unit was sold on a leasehold title, and with the ground rent up for review, but not yet set, there could be a significant increase on the $8316 a year plus operating expenses of $6356 a year and rates of $2078. Secondly, the building, Scene One Apartments, has unresolved remediation issues with the building's owners embroiled in a legal case. The building needs repairs but owners are unable to get clarity on the extent of the remediation work. According to QV.co.nz the unit had been purchased for $420,000 in 2004 and had a 2017 rating valuation (freehold) of $810,000. Last month a one-bedroom unit in the same apartment building sold for $20,000.
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Poll: 🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?
The Reserve Bank has shared some pretty blunt advice: there’s no such thing as a “safe” job anymore 🛟😑
Robots are stepping into repetitive roles in factories, plants and warehouses. AI is taking care of the admin tasks that once filled many mid-level office jobs.
We want to know: As the world evolves, what skills do you think give a CV the ultimate edge in a robot-filled workplace?
Want to read more? The Press has you covered!
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52.6% Human-centred experience and communication
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14.3% Critical thinking
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30.3% Resilience and adaptability
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2.8% Other - I will share below!
Even Australians get it - so why not Kiwis???
“Ten years ago, if a heatwave as intense as last week’s record-breaker had hit the east coast, Australia’s power supply may well have buckled. But this time, the system largely operated as we needed, despite some outages.
On Australia’s main grid last quarter, renewables and energy storage contributed more than 50% of supplied electricity for the first time, while wholesale power prices were more than 40% lower than a year earlier.
[…] shifting demand from gas and coal for power and petrol for cars is likely to deliver significantly lower energy bills for households.
Last quarter, wind generation was up almost 30%, grid solar 15% and grid-scale batteries almost tripled their output. Gas generation fell 27% to its lowest level for a quarter century, while coal fell 4.6% to its lowest quarterly level ever.
Gas has long been the most expensive way to produce power. Gas peaking plants tend to fire up only when supply struggles to meet demand and power prices soar. Less demand for gas has flowed through to lower wholesale prices.”
Full article: www.theguardian.com...
If even Australians see the benefit of solar - then why is NZ actively boycotting solar uptake? The increased line rental for electricity was done to make solar less competitive and prevent cost per kWh to rise even more than it did - and electricity costs are expected to rise even more. Especially as National favours gas - which is the most expensive form of generating electricity. Which in turn will accelerate Climate Change, as if New Zealand didn’t have enough problems with droughts, floods, slips, etc. already.
Wills and Luxon are screwing the country to please the oil and gas industry.
Today the smart investment is in battery peaker plants in combination with solar and wind, or with any other renewable generation capacity during low demand times.
Gas is expensive and will get more so over time.
Let's not forget that Nicola Willis' dad is a big time oil and gas investor, lobbyist, and industry insider.
Maybe this should be posted in ‚Crime & Safety‘?
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