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
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
Open in Google MapsLiving 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→New Zealand at a glance
How New Zealand scores for American expats
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.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
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.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


