First Home Buyers' Dream | Spacious 1 Bed + Study

Listed 24 Jul
512/147 Nelson Street, City Centre, Auckland City, Auckland
Asking price $495,000
- Property type
- Apartment
- Bedrooms
- 2
- Bathrooms
- 1
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless

First Home Buyers' Dream | Spacious 1 Bed + Study
Step onto the property ladder with this spacious freehold 1 bedroom + study apartment in the sought-after Sugartree Altro. Offering approximately 50m² of internal living plus a 5m² private balcony, it provides the extra space and flexibility that sets it apart from many CBD apartments.
The bright open-plan living area flows seamlessly to the balcony, creating the perfect place to enjoy your morning coffee or unwind after a busy day. The modern kitchen is well appointed, making everyday living both comfortable and convenient.
A real standout feature is the separate study, complete with its own wardrobe, providing valuable flexibility for working from home, studying or extra storage. The bedroom also features a built-in wardrobe, adding to the apartment's practical design.
Why You'll Love It
- Spacious 1 bedroom + study layout
- Approx. 50m² floor area + 5m² private balcony
- Wardrobes in both the bedroom and study
- Freehold title
- Modern kitchen and open-plan living
- Secure building with lift access
- Low-maintenance lock-up-and-leave lifestyle
- Ideal for first-home buyers, professionals and investors
Enjoy the convenience of city living with SkyCity, Queen Street, Commercial Bay, Victoria Park, universities, cafés, restaurants and public transport all within easy walking distance.
Currently tenanted at $560 per week until 27 August 2026, with vacant possession available thereafter.
Whether you're looking for your first home or a smart addition to your investment portfolio, this is an excellent opportunity to secure a quality freehold apartment in one of Auckland CBD's most popular developments.
Contact Lisa Zhang today to arrange your viewing.
Please Note: Photos are of the same apartment from a previous staging.

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Local Schools
- FREEMANS BAY SCHOOLWellington StreetRoll: 646
- AUCKLAND GIRLS' GRAMMAR SCHOOLHowe StreetRoll: 1185
- PONSONBY INTERMEDIATE50 Clarence StreetRoll: 590
- WESTERN SPRINGS COLLEGE-NGĀ PUNA O WAIŌREAMotions RoadRoll: 1784
- SUGARTREE LANE PRESCHOOLUnit 1 145 Nelson StRoll: 42
- ALL ABOUT CHILDREN - HOBSON STREETLevel 4,5,6 185 Hobson Street
- HONEYBEES PRESCHOOLLevel 5 127 Hobson StreetRoll: 41
- CITY 0-10108 Greys Avenue
- UP INTERNATIONAL COLLEGE NEW ZEALAND345 Queen StreetRoll: 329
- KINZ MYERS PARK381 Queen StreetRoll: 57
- FREEMANS BAY KINDERGARTEN16 Tahuna StreetRoll: 47
- THE BUSY GROUP NEW ZEALAND LIMITED75 Karangahape RoadRoll: 118
- TE KAPEHU WHETU - TAMAKI6-7 City Road
- AOTEAROA INFINITE ACADEMY18 Viaduct Harbour Avenue
- ST MARY'S COLLEGE (PONSONBY)11 New StreetRoll: 1005
- TE URU KARAKA NEWTON CENTRAL SCHOOLMonmouth StreetRoll: 314
- RICHMOND ROAD SCHOOL113 Richmond RoadRoll: 293
- ST PAUL'S COLLEGE (PONSONBY)183 Richmond RoadRoll: 394
- MARIST CATHOLIC SCHOOL (HERNE BAY)82 Kelmarna AvenueRoll: 124
- ST PETER'S COLLEGE (EPSOM)Mountain RoadRoll: 1321
- PONSONBY PRIMARY SCHOOL44 Curran StreetRoll: 329
- ACG PARNELL COLLEGE39 George StreetRoll: 2004
Location info
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Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $430K - $485K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- May 1, 2024
- Capital value
- $500,000
- Land value
- $350,000
- Improvement value
- $150,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 430K - 485K
- Suburb median
- City Centre: 385K



