Set in a prime central Auckland location, this well-proportioned two-bedroom apartment in The Docks presents an attractive opportunity for both investors and owner-occupiers seeking an affordable entry into the CBD. With a secure car park, a practical layout and the convenience of having the city’s key destinations within easy reach, this property combines urban lifestyle appeal with promising rental potential.

Key features:

• Leasehold title
• Approx. 69sqm internal floor area plus a good-sized balcony
• Two spacious bedrooms, one study with one contemporary bathroom
• One secure carpark included
• Light-filled open-plan living and dining area with a well-appointed kitchen
• Current weekly rental income of $690/pw, with a fixed term end on 4 Feb 2027
• Ground rent set through until 2032, offering greater certainty for investment planning
• Rental appraisal: $690-720/p.w

Annual outgoings:

• BC levy: $25,235.1/p.a including ground rent of $ 15,646.50 (The ground Rent is renewed and set for 7 years)
• City council rates: $2,340.46/p.a

For investors, the existing rental income and established central-city location offer a practical opportunity to assess the numbers and add a well-located property to your portfolio. For those looking to secure a foothold in Auckland’s CBD, the apartment also offers the convenience of city living close to work, shopping, dining and entertainment.

With our vendors ready to meet the market, this is an opportunity worth exploring. Contact Selina today for more information or to arrange a private viewing!