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85 Wakefield Street, Auckland Central, Auckland City

Easy to rent, Simple to hold

dollar

$299,000

Apartment
Apartment
Bedroom
1
Bathroom
2
Title type
Freehold
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Property details

Listing # 5650715616 | Listed on 29 November

This 39m² one bedroom home in Tetra House offers a layout tenants genuinely value, with two full bathrooms providing separation and privacy you rarely see at this size. The bedroom has its own ensuite, and the second bathroom is directly off the living area. What this means for you is a configuration that feels more comfortable for occupants and supports stronger rental appeal, especially for tenants who host, study or work from home.

The building is run with a level of care that gives investors real confidence. The onsite building manager and the hotel operator are the same person, and they also own within the complex and sit on the committee. What this means for you is an operator with a direct financial stake in maintaining standards and ensuring the building remains well managed. The complex is Airbnb friendly, and with hot and cold water plus internet included in the body corporate fees, many investors use these inclusions to justify a higher rent while keeping running costs predictable.

Located in the university district, Tetra sits in one of the most consistently rented pockets of the city. Students and city workers keep demand steady year-round, which means vacancy risk stays low and the opportunity to push your returns is high. Daily life for tenants is also straightforward, with a short walk to Albert Park, Myers Park and Aotea Square, and easy motorway access for simple travel across Auckland.

For investors wanting a low-maintenance property with strong demand drivers, this apartment offers the layout, inclusions and location that support reliable performance now and into the future.

Note: The chattels in the photos may vary from what is being sold; please check the chattels list if this is important to you.

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