Ponsonby Feel without the Ponsonby Price Tag

If you're looking for style and decadence in your new home or investment, then look no further. This stunning home is located in the highly sought after Urba apartments and features two bedrooms, one bathroom and a terrace balcony overlooking the city fringe. The apartment is immaculate throughout with high quality finishes, contemporary styling and an open plan layout that gives you the feeling of a luxury home - or home away from home all within 42sqm (more or less).

With the complex being near new and still under it's 10 year warranty, this makes the building a highly desirable place to live. Equipped with on-site Gym and Swimming Pool facilities, you get that Ponsonby feel without the Ponsonby price tag.

Located at the top of Howe Street,Urba sits proudly at the top of the hill among one of Auckland's most historical streets. Historically a poor and often disreputable quarter, it is now a wealthy and desirable neighbourhood known for its mix of heritage homes, single-dwelling houses and more recently, the newly built Urba Apartments.

For the savvy investor - here's the numbers:

* Priced at $519,000 + Rented for $590 p/week = $29,500 based on 50 weeks
* Body Corp Fees $3,816.98 p/annum + Rates $1,421.69 (2019/2020) = $5,238.67 Total outgoings
* Net Income of $24,261.33 with a Net Return of 4.67%

This is the perfect first home/apartment for the working professional or someone looking to downsize. You'll be within walking distance to Auckland's hippest restaurants, a short Uber or 20 - 30 min walk to Commercial Bay, Wynyard Quarter and the Auckland Viaduct. Easy access to all motorways, great public transport, some of the best schools in Auckland for Primary, Intermediate and High School.

Don't miss your chance to live in this vibrant suburb - Freemans Bay.