149 Nelson Street, City Centre, Auckland City, Auckland

Perched on the top floor of the Ascent building, this compact apartment 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 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.