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$57k deposit!!!

Apartment Specialists Auckland, (Licensed: REAA 2008)

Listed 29 May

502/149 Nelson Street, City Centre, Auckland City, Auckland

Asking price $279,000

Bed1
Bath1
Floor area43m²

Details

1 bedroom
1 bathroom
Apartment
Property interior
Property interior

$57k deposit!!!

Positioned within the well-regarded Ascent complex, this one bedroom apartment represents one of the most affordable bank-friendly entry points currently available in the Auckland CBD market.

At over 40m², the apartment qualifies for lower deposit lending with a range of banks, immediately widening its appeal to first-home buyers. With pricing positioned right in-line with the lower end of any bank friendly stock on the market currently, these vendors are serious sellers and ready to meet the market making this a fantastic opportunity for one lucky buyer and a listing that's unlikely to hang around for very long as a result.

The building itself underwent a comprehensive recladding and remediation process completed around 2018, providing buyers with the confidence and security benefits that come with a renewed exterior system and modern compliance standards. The 10 year warranty period that followed this work is still in effect adding an additional layer of security that simply doesn't exist with most options on the market.

Ascent continues to stand out as one of the more proactive and well-managed apartment complexes in the CBD, supported by an engaged body corporate and on-site live-in building manager. This level of oversight and care gives owners genuine confidence in the long-term direction of the building.

Location remains a major strength. Positioned just off the motorway system and within easy reach of the City Rail Link, Victoria Park, K Road, Freemans Bay, and the wider CBD, the apartment sits in the path of ongoing infrastructure and residential improvement.

Whether you are looking for a straightforward city home or a low-entry investment with strong fundamentals, this is a smart opportunity in a building that continues to gain favor with informed buyers.

Note: The 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

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502/149 Nelson Street has been viewed 2,360 times since it was first listed on 29 May. There are 33 people keeping an eye on it.

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502/149 Nelson Street, City Centre, Auckland City, Auckland

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