85 Wakefield Street, City Centre
- This location has been autonomously mapped, it may not be exact.
85 Wakefield Street, City Centre
By negotiation
Easy to rent, Simple to hold
This 39m² one bedroom home in Tetra House offers a layout tenants genuinely value, with two full bathrooms providing separation and privacy you rarely see at this size. The bedroom has its own ensuite, and the second bathroom is directly off the living area. What this means for you is a configuration that feels more comfortable for occupants and supports stronger rental appeal, especially for tenants who host, study or work from home.
The building is run with a level of care that gives investors real confidence. The onsite building manager and the hotel operator are the same person, and they also own within the complex and sit on the committee. What this means for you is an operator with a direct financial stake in maintaining standards and ensuring the building remains well managed. The complex is Airbnb friendly, and with hot and cold water plus internet included in the body corporate fees, many investors use these inclusions to justify a higher rent while keeping running costs predictable.
Located in the university district, Tetra sits in one of the most consistently rented pockets of the city. Students and city workers keep demand steady year-round, which means vacancy risk stays low and the opportunity to push your returns is high. Daily life for tenants is also straightforward, with a short walk to Albert Park, Myers Park and Aotea Square, and easy motorway access for simple travel across Auckland.
For investors wanting a low-maintenance property with strong demand drivers, this apartment offers the layout, inclusions and location that support reliable performance now and into the future.
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
$2794.19
Rental Appraisal
$450-$475 /week
Estimated Net ROI
4.65%
Pets
No Pets
Dan McKillen
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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