Positioned within Park Residences on Swanson Street, this studio apartment sits in one of the CBD’s most tightly held and strategically positioned pockets — just off Albert Street and surrounded by some of the city’s most significant recent investment.
Completed in 2017 by Conrad Developments, the building offers modern construction with double glazing throughout, creating a quieter, more comfortable living environment. Pet-friendly and Airbnb approved, it provides flexibility for both long-term tenants and short-term accommodation strategies. What this means for you is optionality — live in, rent long-term, or maximise returns through short-stay income.
The apartment itself is configured for efficient, low-maintenance living, making it ideal as a lock-and-leave city base or a proven rental performer. This is classic, dependable studio investing — simple, effective, and consistently in demand.
Location is where this truly stands apart. Neighbouring major developments such as 51 Albert, the VOCO Hotel, and the Spark New Zealand headquarters, this is a part of the CBD seeing significant capital injection. Historically, values tend to ripple back from the waterfront, and being positioned this close to the water has consistently supported stronger long-term performance.
With immediate access to the downtown core, transport hubs, and the city’s commercial centre, tenant demand remains constant. What this means for you is a straightforward, flexible investment underpinned by location, quality surrounding development, and future growth.
For buyers seeking a modern, adaptable studio in a high-performing CBD pocket, this is a compelling opportunity.
Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.