Some apartments are bought for lifestyle. Others are bought because the numbers simply make sense.

This two bedroom apartment in Stanford represents a compelling opportunity for investors seeking strong cash flow in a proven CBD location.

Developed by Conrad, the building has earned a reputation as a practical, low maintenance investment with a proactive body corporate, competitive ongoing costs, and consistently strong tenant demand.

Based on the current rental appraisal, after deducting body corporate fees and rates, the apartment is projected to deliver an impressive 7.1% net yield at the asking price.

Positioned on Hobson Street, the location continues to perform. SkyCity, the New Zealand International Convention Centre, universities, and Auckland's largest employment precincts are all within easy walking distance, creating a broad tenant pool that supports long term occupancy. With the Convention Centre now open, demand for well located rental accommodation is only expected to strengthen.

If you're looking for a straightforward investment that prioritises income, low holding costs, and dependable rental demand, this is one that deserves serious consideration.

The vendor has made the decision to sell and is committed to meeting the market.

Enquire today to arrange your private viewing.

Note: Some 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.