A waterfront apartment in downtown Auckland has been sold 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.

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The offshore owner of the property was quoted as having said "it needs to go, I've had enough" on Ray White's website.

one roof

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.