411/1 Hobson Street, Auckland Central, Auckland

For Sale

411/1 Hobson Street, Auckland Central, Auckland

Asking: $389,000

43 m²

Apartment

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30+ days on the market

What's around 411/1 Hobson Street

THE STANDOUT STUDIO

411/1 Hobson Street is one of only a handful of studio-sized apartments within the wider One Hobson complex-and is an absolute standout in Auckland's downtown apartment market. Some smaller apartments promise potential. This one comes ready-made: fully furnished, income-producing and backed by the proven track record of the wider One Hobson complex. Freehold and currently returning $490 per week, the apartment has never been without tenant demand throughout almost a decade of ownership, and it's easy to see why. FEATURES & WHAT SETS THIS APART: • Freehold strata title • Fully furnished • 43 sqm total | 36 sqm (internal) + 7 sqm (balcony) • Air conditioning • Currently returning $490 per week-$25,480 per annum gross • Fixed-term tenancy through to December 2026 • Proven rental history • Low annual overheads • Facilities: Gymnasium and the recently upgraded heated pool, spa, sauna • On-site management • 24-hour security • High owner-occupancy and owner-centric approach • Proactive body corporate and long-term maintenance planning • Arguably the best freehold location in downtown Auckland 1 Hobson St, has an established reputation as an exceptionally well-managed building. The high rate of owner-occupancy, proactive body corporate, attentive management and ongoing maintenance and upgrades, along with its prime freehold position between the Viaduct, Commercial Bay and Auckland's CBD core, are what complete the package. For investors seeking additional scale, neighbouring apartment 412/1 Hobson Street is also available. Together, the two apartments offer a compact downtown portfolio returning $980 per week-or $50,960 per annum gross. **Secure one. Or secure both.** Contact Adam Gurr for further information.