11B/125A Hobson Street

Auckland Central Auckland

78 m²

Apartment

Currently for sale - view listing

Overview

Penthouse, Entry-Level Price

The crown jewel of the boutique 'First Imperial' block is back on the market, and our owners have made their position clear: this must be sold. The price has been slashed to just $579,000. This isn't just a home; it's a strategic high-yield asset in a building with only 42 freehold units. The Investor Numbers: Bank-Friendly & Freehold: At 78m², this penthouse sits comfortably above the lending threshold for all major banks, making it a low-friction addition to your portfolio. Massive Yield Potential: With an oversized layout, penthouse status, and a secure car park, this unit commands premium rents. Rental appraisals for similar high-spec 2-beds in this pocket sit around $750 - $800+ per week, offering a gross yield that dwarfs standard residential returns. Capital Gains Locked In: Located moments from the $4.4 billion City Rail Link and the SkyCity Convention Centre. You are buying at today's bottom for tomorrow's peak. The Penthouse Difference: Westerly Aspect: Bathed in afternoon sun with a deck perfectly positioned for harbour views. High Stud Ceilings: The added volume and natural light of the top floor make this a tenant magnet. Renovation Upside: Perfectly livable as-is, but with serious "meat on the bone" to add value through a cosmetic refresh. Our owners have new plans and are ready to sign today. Don't let this be the one you talk about missing out on in two years' time. Contact Ryan or Dusan immediately to secure the info pack or arrange a private viewing.