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198 Federal Street, City Centre

Hero | 198 Federal Street, City Centre | Apartment Specialists
198 Federal Street, City Centre
  • This location has been autonomously mapped, it may not be exact.
  • Floorplan | 198 Federal Street, City Centre | Apartment Specialists
198 Federal Street, City Centre
$759,000
5
2
98m2
Three Bedroom plus Two Flexi room*

Cashflow Is King!

Opportunities like this don’t come up often. This large five room apartment in the heart of Federal Street is purpose-built for income, not owner-occupiers. With multiple rooms under one title, it’s ideally suited to generate strong, consistent cash flow in Auckland’s CBD.

Positioned moments from SkyCity, Commercial Bay and the city’s major employment and education hubs, tenant demand here is constant. Whether you’re targeting professionals, students, or group living, this is an asset that works while you sleep.

If you’re looking for yield, scale, and a CBD location that keeps performing, this is one you need to see.

Note: 1. While some tenants and owners may use the flexi rooms as bedrooms, they are not legally consented to be one.
2. 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
$2400.02
Rental Appraisal
$1600-$1700 /week
Estimated Net ROI
9.59%
Pets
Allowed with BC Consent
Peter Lambe | 198 Federal Street, City Centre | Apartment Specialists

Peter Lambe




*Flexi: While some tenants and owners may use the flexi room as a bedroom, it is not legally consented to be one.
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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    This location has been autonomously mapped, it may not be exact.

    198 Federal Street, City Centre

    $759,000