38 Douglas Street, Ponsonby, Auckland City, Auckland

Finding authentic heritage character usually means sacrificing the car park or the sun. It is rare to find a property that refuses to compromise, yet this residence in the historic Summit Building does exactly that.

Positioned on the west side of the former Summit Shirt factory, this 48m² sanctuary pairs industrial warmth with effortless practicality. Exposed brick walls provide a texture new builds cannot mimic, while the layout offers a spacious master bedroom and separate lounge. The real showstopper is the bathroom featuring a full bathtub, a luxury virtually unheard of in apartments of this size.

Your private balcony offers a front-row seat to Waitakere sunsets, but the investment case is equally compelling. True character apartments make up a tiny fraction of the city's stock. Filter for those with both a deck and a car park, and that number dwindles to a handful. Like fine art, precious metals, or Bitcoin, when supply is capped and demand is eternal, the result is powerful capital growth.

Situated 300 metres from Ponsonby Road, you have premier dining at your doorstep while remaining tucked away on quiet Douglas Street. This is a trophy asset in every sense, a piece of history offering significant lifestyle dividends and an upward financial trajectory. I advise viewing soon as unique properties like this find new owners very quickly.

Note: The chattels in the photos may vary from what is being sold; please check the chattels list if this is important to you.