149 Nelson Street, City Centre
- This location has been autonomously mapped, it may not be exact.
149 Nelson Street, City Centre
SOLD
Top Floor. Reclad. >7% Net Return
Perched on the top floor of the Ascent building, this compact apartment at 149 Nelson Street, AUCKLAND delivers on everything a city investment should: strong yield, solid fundamentals, and a location that’s quietly repositioning itself for long-term growth.
Freshly renovated and well presented, the layout is efficient without feeling cramped, and the elevated outlook adds just enough openness to the space. At 6.8% net return on the rental appraisal on the asking price, it's a standout performer for its size – ideal for investors looking for income in the current market, or city workers wanting a cost-effective base.
The Ascent complex at 149 Nelson Street, AUCKLAND was re-clad in 2018, and its low-fuss structure keeps ongoing maintenance straightforward. With 809 being one of the best-positioned units in the building — top-floor, outlook, no immediate upgrade needs — the heavy lifting has already been done.
Located in the upper west side of the CBD, the area is still flying under the radar – but that’s changing. It’s just around the corner from the NZICC and the Viaduct, and close enough to the SkyCity and CRL infrastructure to benefit from the flow-on effects, without the price premium yet being baked in.
Whether you're after an investment that works from day one, or a smart foothold in the city, this one’s worth a look.
Happy to walk you through the numbers and the building — no pressure, just proper advice.
Note: The chattels in the photos may vary from what is being sold; please check the chattels list if this is important to you.
Facts & Features
Title Type
Freehold
Rates
$1407.58
Rental Appraisal
$470-$500 /week
Pets
Hannah Wright
Rory Hunt
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
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