Back to Napier, New Zealand

61/3 Shakespeare Road, Napier South, Napier City, Hawkes Bay

Napier, New Zealand

Guide Price

$587,050

995,000 NZD

PROPERTY TYPE

Condo

BEDROOMS

5

BATHROOMS

3

61/3 Shakespeare Road, Napier South, Napier City, Hawkes Bay - Photo 2
61/3 Shakespeare Road, Napier South, Napier City, Hawkes Bay - Photo 3
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Description

Delivering an unmatched central city position, this unique freehold in stratum penthouse apartment offers a remarkable opportunity, with income potential, situated in the beating heart of the "Art Deco Capital of the World". Surrounded by the breathtaking sea views, the exceptional outlook of Napier’s iconic landmarks, and supreme city convenience, this has you right amongst it all. With private lift access directly into this top-level residence, the two-level apartment offers versatile options for growing families, home and income, shared living, multi-guest accommodation, or a holiday retreat, while maximising on privacy and low maintenance living. A defining highlight of this apartment is the self-contained owner's flat that is cleverly integrated within the northern end of the floor plan, complete with its own bedroom, en-suite, kitchenette, and living area. The four remaining bedrooms are located for optimal use, and three provide the luxury of en-suite options. The stylish kitchen forms the central hub and continues to showcase the magnificent ocean views, with the appeal of three living areas spread over the levels. Two inviting decks offer exciting alfresco settings that frame the panoramic views across the city, the sea, Cape Kidnappers and to Te Mata Peak by day and dazzling lights by night and capture the buzz of the Art Deco magic and plane display too. Additional comforts include double glazing, a dedicated laundry-utility room and three heat pumps, enhancing year-round comfort. Practicality is further supported by two secure car parks located with the gated grounds. Situated in an unmatched location, the penthouse is just an easy stroll to the heart of the city, Marine Parade, and local cafes and eateries and has Art Deco events well and truly in its sights. This unique apartment (with a CCC 2011) delivers an exciting urban lifestyle, where convenience and opportunity come together. Contact Caro Meo to view and experience everything this exceptional penthouse in the beating heart of Napier has to offer. (Fully furnished option available). BC Rules, fees and council file, floor plan, Rental Appraisal and further information available on request.

Location

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Living in Napier

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Caro Meo - New Zealand Sotheby's International Realty (Licensed: REAA 2008) - Hawke’s Bay

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD