7i/16 Chapman Street, Grey Lynn, Auckland City, Auckland

This north facing apartment in the desirable Ivory Apartment complex offers a tantalising glimpse of the Sky Tower summit from its elevated orientation on the 7th floor. Yielding a current rental income of $700 per week from a fixed tenancy in place until February 2026, astute investors can take advantage of this as an opportune asset to add to their portfolio. Alternatively, first home buyers may consider planning ahead and derive income in the interim before relocating to enjoy the cosmopolitan lifestyle this outstanding inner city neighbourhood offers.

The 2009 built 63 sqm (approx.) freehold unit title apartment has a spacious open plan carpeted lounge with neutral décor, wall mounted heat pump and ranch sliders to the sheltered balcony where a cityscape panorama emphasises the proximity of downtown Auckland. A well-lit and natty little dual galley kitchen boasts stainless steel appliances, composite stone benchtops and plenty of cabinetry. Both bedrooms have built in closets with primary bedroom benefitting from direct access to an ensuite. The second bathroom is similarly modern and incorporates a hideaway laundry cupboard into the layout.

The apartment comes with two secure basement carparks assembled on a stacker machine but with Ponsonby and K Road within walking distance it's easy to leave the vehicle parked and walk to work or for dining out. Also mighty handy for Auckland's cultural precinct and art galleries, central greenspaces, motorway ramps and public transport as well as the heart of the CBD.

For more information, call Mi Zhou at 022 019 6329 or WAYNE MAGUIRE at 0274 22 33 77.

Please note the Images are virtually staged.