627/149 Nelson Street Auckland Central, Auckland City

This building is being taken over. Eight of the last 10 units being sold to owner-occupiers. Of those 10, the apartments that weren't, were snapped up by investors drawn in by the low outgoings and capital gains, and are currently renting for big money ($650+ per week). Although it doesn't take a genius to work out this is an absolute winner, the owner has priced it to ensure it is a hands-down no-brainer. 53m2 (plus balcony), Freehold, Bank-friendly two-bedroom + a covered, secure car park for $529,000.

• FREEHOLD
• 53m² approx. + balcony
• 2 Bedroom / 1 bathroom
• A covered, secure car park
• Rates: $1,682.02 per annum
• Body Corp: $5028.14
• Rental Appraisal $650 - $680 per week

The location is perfect - perched away from the hustle and bustle, this is true city fringe living at the top of town. When the City Loop underground rail project completes, you'll have a station a few minutes away on Mercury Lane and then the Beresford St entrance will be built only minutes away. Turn the other way, head down Wellington St and you're in the leafy exclusive suburb of Freemans Bay and in zone for the very popular Freemans Bay Primary.

You will not want to miss this one. Contact us today for a full information pack and/or to arrange a viewing.