34 Kingston Street, Auckland Central, Auckland City, Auckland
Auckland, New Zealand
Guide Price
$152,810
259,000 NZD
PROPERTY TYPE
Condo
BEDROOMS
1
BATHROOMS
1
Description
Finding a genuine one-bedroom residence at this price point is a rare strategic find, particularly one with a proven track record of rental success. Located at 34 Kingston Street, this 27m² apartment in the Altitude building represents one of the highest-returning assets in the current market. With yields of 6–7% currently achievable, this is a turnkey opportunity for the astute investor looking for a high-performance addition to their portfolio. Built by Conrad Properties—New Zealand’s largest and most active apartment developer—the building carries the prestige of a developer with 26 completed projects and a long-standing reputation for reliability. What this means for you is long-term peace of mind. Furthermore, planned upgrades to the façade and common areas, funded by the Long Term Maintenance Fund (LTMF), are set to lift the building's calibre, naturally driving future rental growth and capital value. The
location is unparalleled for inner-city living. Residents are within easy walking distance of the SkyTower, the high-end dining of Federal Street, and the vibrant nightlife of the Viaduct. With Commercial Bay and Queen Street providing a world-class retail experience nearby, the lifestyle appeal is immense. Strategically, the new Te Waihorotiu (CRL) station is right on your doorstep, unlocking seamless access to K’Rd, Mt Eden, and beyond, ensuring this remains a high-demand precinct for years to come. Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.
Location
Open in Google MapsLiving in Auckland
Multicultural harbor city that feels like a softer version of California -- great food scene, easy nature access, and a strong work-life balance culture. Housing is expensive (NZ ranks 7th globally for home prices) and everything costs more due to import prices, but salaries come with generous time off and strong worker protections. The biggest adjustment is the distance -- getting home to visit family is a long, expensive flight.
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Dan Mckillen - Apartment Specialists Group Ltd (Licensed: REAA 2008) - Auckland
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


