507/76 Wakefield Street, City Centre, Auckland City, Auckland

Location, location, location! This one-bedroom freehold apartment is located right in the heart of University Precinct. It offers unparalleled convenience and a chance to secure a solid investment in Auckland's vibrant CBD. Don't miss out on this gem that truly ticks all the boxes!

This cute city complex features:

• Stratum in Freehold title
• One decent-sized bedroom with one bathroom
• Great layout with internal floor size of 33sqm
• Open plan dining and living area with a functional kitchen
• Zoned in Auckland Grammar School
• Current weekly rental income of $375/pw, with a fixed term end on 1 Feb 2026
• Rental appraisal: $400-420/p.w

Reasonable annual outgoings:

• BC levy: $4,287.27/p.a (after 10% discount if paid by due date)
• City council rates: $1,459.74/p.a

Sapphire Apartments at 76 Wakefield St have always been extremely popular for rental demand! The location is unbeatable, just a short stroll to University of Auckland, Queen Street, IMAX, City Library, AUT all at your doorstep.

If you want to secure a central CBD apartment with high rental demand but low outgoings, of course freehold, without leaky problems, this is your MUST-SEE property. Ring Selina to view and present your offer today!