147 Hobson Street, City Centre, Auckland City, Auckland

This vacant, 38m² two bedroom apartment represents one of the sharpest investment opportunities currently available with scope for a 7%+ return on the current rental appraisal.

And, with expectations that this will sell around 20% below comparable Conrad-developed apartments across the city and 25–30% under the complex’s peak sales, your proven capital gain could not be clearer

Developed by Conrad Properties — New Zealand’s largest and most trusted apartment developer — the Harvard offers solid fundamentals, low outgoings, and wide market appeal. The layout is compact yet efficient, and with the price point this low, the potential for outsize rental returns are very real.

This is one of the most affordable bank-lendable two-bedders on the market right now. And with interest rates having fallen sharply, buyer activity lifting, and a clear upswing in transaction volumes, the window to buy this far below replacement cost is likely to narrow soon.

Whether you're looking for a dependable rental, a foothold in the city, or a low-maintenance asset with serious yield potential, this is a numbers-driven opportunity that stacks up.

Viewings by appointment — happy to walk through the recent sales data, rental appraisals, and what makes this a smart move ahead of the next cycle.

Note: The chattels in the photos may vary from what is being sold; please check the chattels list if this is important to you.