1G/20 Pakenham Street, City Centre, Auckland City, Auckland

LEASEHOLD APARTMENT

Perfectly positioned in one of Auckland's most sought-after precincts, this two-bedroom corner apartment at 1G/20 Pakenham Street East offers a rare blend of high-performing investment and sophisticated city living. Whether you're an investor chasing strong cashflow or a buyer seeking an enviable urban base, this property stands out from the crowd.

Delivering an impressive 20-percent gross yield through short-term rentals, this apartment has established itself as a proven performer in the heart of the Viaduct. With Auckland's tourism and events calendar thriving again, opportunities like this are perfectly placed to capture premium short-stay demand and deliver exceptional returns.

The apartment's corner position provides fantastic natural light and a genuine sense of space - a rarity in CBD residences. The open-plan living and dining area flows seamlessly to the kitchen, creating a practical and inviting layout. Two well-proportioned bedrooms offer flexibility for guests, tenants, or an owner-occupier who values space to live and work.

Location is everything, and this one is hard to beat. Set just minutes from Commercial Bay's high-end retail and transport hub, and surrounded by the Viaduct's renowned restaurants, cafes, and waterfront promenades, this address offers the very best of city living right on your doorstep. Morning walks along the marina, evenings dining out, and weekends exploring the city become part of your everyday rhythm.

This is a standout opportunity to secure a corner apartment in a premium location with exceptional income potential. Whether you continue its high-performing short-stay model or enjoy the apartment yourself, the possibilities are as versatile as they are rewarding.

Contact us today to arrange a viewing appointment.