


Listing Description
Rental Rocket
189 Hobson Street, City Centre, Auckland City, Auckland
Asking price $289,000
Details
Attribute | Value |
---|---|
Property type | Apartment |
In the area | City Centre, Aotea Sq, Town Hall, Civic Theatre, Queen St, Restaurants, Public Transport and more |
Broadband in the area |
Description
With interest rates falling rapidly, the smart money has already begun flowing back into high-returning assets like these lower-priced two bedroom apartments.
With these units sitting close to 20% below where they were selling in 2021, the proven capital gain that you can expect to experience in the coming years once the inflation genie has been put back in its bottle is HUGE.
These are, quite frankly, no-brainer purchases right now. If you're looking for an investment, you'll struggle to find something that stacks up better than this over the next 3–5 years in terms of cash flow and capital gain.
Stanford has long been a staple in the portfolio of any Auckland property investor. The 2 bedrooms mean rent capitalization is maximized, and the smaller footprint means you're talking a very attractive price tag to secure it. Add to that the pullback in values we've seen over the past 3 years, and these rental powerhouses are ready to skyrocket. We've already seen values start to increase.
Built by the well-renowned, tried-and-tested Conrad Development Group, known for their no-nonsense investment apartments, investing in Stanford is like betting on the All Blacks; you know your money is safe.
Note: Some photos used are of a similar unit in the same complex; however, please note that the furniture, outlook, and finishes may vary. For more specific details, please refer to the chattels list.
Open home times
Property Files

Discover more about this property.
Request the files from DeMaio.
Map
Agent's details
