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Parnell

701/2b Augustus Terrace, Parnell, Auckland

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1 Lounges
1 Bathrooms
Gym

Smart Studio Investment in Prime Parnell


Perfectly positioned on the 7th floor of this brand-new Parnell development, Apartment 701 offers a rare opportunity to secure a stylish, low-maintenance studio in a high-demand city-fringe location.

This 30sqm studio apartment is compact yet well-designed, making clever use of space to maximise comfort and functionality. Ideal as a city pad or a smart addition to your investment portfolio, the apartment enjoys good natural light, and sits within walking distance to Auckland University, AUT, the CBD, and public transport.

With strong tenant appeal due to its premium location, brand-new condition, and proximity to major education and employment hubs, this is a fantastic passive investment with minimal upkeep.

• Brand new 30sqm studio in a quality new-build
• Premium location - walk to university, CBD & train
• High rental demand - ideal for investors or professionals
• Double Grammar Zone - top-tier education catchment
• Onsite Gym - Added convenience and tenant appeal

Outgoings
• 2024 CV $440,000
• Body Corp Approx $3294 pa
• Rates $1839 ps
• Rental Appraisal XX
• Yeild

Images are virtually staged.

For Sale by Negotiation
Natasha Robinson

Natasha Robinson

Residential, Development and Special Projects Sales

Bayleys Real Estate Ltd, Remuera,
Licensed under the REA Act 2008
James Taylor

James Taylor

Residential Sales

Bayleys Real Estate Ltd, Remuera,
Licensed under the REA Act 2008
Robert Ashton AREINZ

Robert Ashton AREINZ

Residential, Development and Special Projects Sales

Bayleys Real Estate Ltd, Remuera,
Licensed under the REA Act 2008

Features

Year built


Brand New Studio Apartment – Quality construction in a prime city-fringe location

Position


Parnell Positioning – Walk to university, CBD, and public transport

Investment


Strong Investment Potential – High rental demand from students and professionals

School zones


Double Grammar Zone – Access to Auckland’s top schools adds value

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