Would you pay $40,000 for a bathroom-sized room?

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Would you pay $40k for a bathroom-sized room?

3News NZ

The tiny room for $40,000

The tiny room for $40,000

We've all heard a lot about the cost of real estate in Auckland.

But how about paying $40,000 for an apartment that's about the size of the average bathroom?

It is too small for a double bed and you can walk across it in two steps.

Real estate agent Martin Dunn gave Tristram Clayton a guided tour of the downtown Auckland apartment they've nicknamed "Tiny Tim".

Watch the video for the full report.

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Comments

25/05/2012 7:58:50 a.m.

Mike wrote:

40k may be pricey, yet it also probably has location for it.

How much will it cost to live there? Well the interest on borrowing $40k works out around $50 per week, but nobody can afford such huge prices in Auckland!

For a single person living alone, not a bad option for $50 per week.

24/05/2012 12:31:35 a.m.

kiwikevNZ wrote:

keep us informed as to how much it went for. the news item prob just put another 20k on the price.