Residential
More from realestate.co.nz:
Agents News

430 Queen Street, Auckland Central, Auckland City

Ahead of the Curve.

dollar

$349,000

Apartment
Apartment
Bedroom
2
Bathroom
1
Title type
Freehold
On this page:

Property details

Listing # 5890240985 | Listed on 18 April

This complex is a staple for investors who prioritize location fundamentals and consistent cash flow. Situated at the crossroads of the city’s major universities and the mid-city entertainment hub, it captures a massive, recurring tenant pool of students and young professionals.

The building is one of the most liquid assets in the central market. Its reputation is built on high occupancy rates and its status as a "bank-friendly" complex. For investors, this means easier access to leverage and a faster exit strategy compared to smaller or remedial-tagged buildings in the area.

Strategic Leverage - With a standard footprint that meets major lending criteria, this asset allows for high LVR (Loan-to-Value Ratio) financing, maximizing your return on equity.

Proven Rental Track Record - The proximity to international learning centers and the university precinct creates a natural floor for rental demand, ensuring minimal vacancy periods.

Low Operational Friction - Professionally managed and efficiently designed, these units are "set and forget" additions to a portfolio, allowing you to scale without increasing your management burden.

Built-in Growth - Located in an area undergoing significant public and private infrastructure investment, the property is positioned to benefit from the ongoing revitalization of the mid-city corridor.

This is a "box-ticker" for the serious investor. It offers the rare combination of high rental yields, bank-friendly status, and a location that will never go out of fashion.

Note: The photos used are of a similar unit in the same complex; however, please note that the furniture, outlook, and finishes may vary. For more specific details, please refer to the chattels list.

Your notes
Add notes for your personal reference. This can only be seen by you.

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy policy.

A young family with pets illustration