Back 511/421 Queen Street
Off Market

511/421 Queen Street

Auckland Central Auckland

1
1
41 m²
Apartment
Habeeb UrrahmanHabeeb Urrahman, last sold this property on 26 January 2026 after 342 days on market.

Overview

Hands-Off Investment in Prime City Location

Apartment 511 at Kiwi on Queen is a freehold, bank-friendly property located on Upper Queen Street. It has an approximate area of 41 sqm and features one bedroom and one bathroom. The building boasts an on-site manager who ensures a secure and well-maintained environment. Located just a short stroll to many business offices and educational institutions such as Auckland University, AUT, and ACG, this address is ideal for students or professionals seeking proximity to education, work, and city conveniences. Upper Queen Street's vibrant location puts the best of Auckland's dining, shopping, and entertainment within easy reach. This property offers investors a hands-off opportunity with a three-year fixed tenancy already in place. The current annual rental income (after property management fees) is $21,060, with a 2% yearly rent increase secured until the lease expires in August 2027. With a steady rental income (up to August 2027) and a prime city location, don't let this rare opportunity slip by. Contact me today to schedule a viewing and make this property yours!

Features

1 bedroom
1 bathroom
41 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Auckland Central over the last 12 months, the estimated median property value of 511/421 Queen Street is $216.5k.

Median value
$216.5k
Estimated value range
$18k - $1.3m
Median days on market
45
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Auckland Central. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 511/421 Queen Street

2026
Sold
Undisclosed
26 Jan 2026 by Habeeb Urrahman, of Ray White Parnell (JQ Real Estate Limited Licensed (REAA 2008))

Happy sellers in Auckland Central

63%
63% of sellers in Auckland Central reported that their sale price either exceeded or met their price expectations.

Auckland Central stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 174 reviews in Auckland Central over the last 12 months.

Local market activity for 1 bedroom apartments in Auckland Central

In the last 12 months, 218 one-bedroom apartments similar to 511/421 Queen Street, have been sold.

This represents a 16% increase in one-bedroom apartments sales when compared to the previous 12 months.

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