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34 Kingston Street, Auckland Central, Auckland City

The CRL Catalyst: Location, Yield & Growth

dollar

$259,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Title type
Freehold
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Property details

Listing # 5854712396 | Listed on 28 March

Finding a genuine one-bedroom residence at this price point is a rare strategic find, particularly one with a proven track record of rental success. Located at 34 Kingston Street, this 27m² apartment in the Altitude building represents one of the highest-returning assets in the current market. With yields of 6–7% currently achievable, this is a turnkey opportunity for the astute investor looking for a high-performance addition to their portfolio.

Built by Conrad Properties—New Zealand’s largest and most active apartment developer—the building carries the prestige of a developer with 26 completed projects and a long-standing reputation for reliability. What this means for you is long-term peace of mind. Furthermore, planned upgrades to the façade and common areas, funded by the Long Term Maintenance Fund (LTMF), are set to lift the building's calibre, naturally driving future rental growth and capital value.

The location is unparalleled for inner-city living. Residents are within easy walking distance of the SkyTower, the high-end dining of Federal Street, and the vibrant nightlife of the Viaduct. With Commercial Bay and Queen Street providing a world-class retail experience nearby, the lifestyle appeal is immense. Strategically, the new Te Waihorotiu (CRL) station is right on your doorstep, unlocking seamless access to K’Rd, Mt Eden, and beyond, ensuring this remains a high-demand precinct for years to come.

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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