What does almost every buyer want when purchasing property?

"Cash Flow AND Capital Gain...Only to be regularly told that is near impossible to find.

Well, welcome to this apartment at 1 Hobson Street - One of the few Studios in the Grand Chancellor. Quite literally the closest freehold building to the Viaduct you can purchase in & one of the smartest buys of 2026.

Why?

Lets be honest - On the face of it, the cash flow could be more convincing. Generating around $18,500 per year currently. But under rented by approximately 35%-40% based on others in the building and the rental appraisal for the property too.

So buy now, and then improve your rent. Easy Step number one...Check.

Now for the second step...buy somewhere with improvement imminent:

https://www.precinct.co.nz/properties/downtown-redevelopment

"transformation of Auckland's Downtown Carpark site, an ambitious, once-in-a-generation project that will redefine the western edge of Tāmaki Makaurau's city centre. "

Easy step number two....Check.

Now wait.

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