76 Wakefield Street, City Centre
- This location has been autonomously mapped, it may not be exact.
76 Wakefield Street, City Centre
$209,000
Investment Prime: 76 Wakefield Street
Looking for a smart, high-yield entry point into the Auckland CBD? This 23sqm, studio apartment is precision-engineered for the investor who prioritizes low-maintenance reliability and high-demand positioning.
Why this is a standout investment:
The "University Magnet" Location: You are located in the absolute epicenter of Auckland’s educational hub. With AUT and the University of Auckland just a short walk away, the tenant pool is permanent, massive, and ever-renewing.
Construction: Built with a durable concrete and steel structure and finished with high-quality fibre cement panel cladding, this building offers the structural peace of mind that savvy investors look for in city apartments.
Midtown's Resurgence: You are positioned to benefit from the massive "Midtown" transformation. The highly anticipated St James Theatre restoration is turning the area into a cultural powerhouse, ensuring vibrant demand for years to come.
Infrastructure Connectivity: With the City Rail Link (CRL) nearing completion and the new Te Waihorotiu Station nearby, connectivity to the rest of the city is being upgraded to a world-class standard, significantly boosting the long-term desirability of this precinct.
Lifestyle at Your Doorstep: From the boutique shopping experiences on Queen Street to the proximity of the Aotea Arts Quarter, your tenants are within walking distance of the best entertainment, dining, and cultural events Auckland has to offer.
Efficient & Effective: The compact 23sqm layout is designed for maximum efficiency. Keeping your occupancy rates high and your maintenance costs low.
The Opportunity:
While the city continues to transform, Wakefield Street remains the gateway to the CBD's most consistent rental market. Whether you are expanding your portfolio or securing your first investment, this property offers a strategic, low-entry, high-utility asset that benefits from the immense capital investment currently flooding into the city centre,
Facts & Features
Title Type
Freehold
Rates
$1177.66
Rental Appraisal
$360-$400 /week
Estimated Net ROI
7.38%
Pets
Allowed with BC Consent
Hayden Peters
Alastair Kain
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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