86A Rockfield Road, Penrose, Auckland City, Auckland
Auckland, New Zealand
Guide Price
$276,710
469,000 NZD
PROPERTY TYPE
Condo
BEDROOMS
1
BATHROOMS
1
Description
There is a reason people rarely leave this complex. This is one of only six one bedroom apartments in the entire building, and with hardly any sales in this category for over a decade, it is clear that once people move in, they tend to stay. This apartment offers a rare chance to secure a one bedroom home with its own undercover car park in the heart of Penrose. It is surprisingly spacious, essential for those who work from home but still want space for the home to feel like a home. The lifestyle here is a major drawcard. The complex
features a communal pool area, complete with newly replaced decks and an Archgola, making it an ideal spot for summer entertaining without the maintenance of a backyard. Convenience is another huge factor. You are minutes away from both northern and southern motorway on-ramps, and the cafes and shops of Ellerslie Village, Remuera, and Sylvia Park are all within easy reach. Whether you are looking for a secure first home or a low-maintenance addition to your portfolio, this is a unique opportunity in a boutique block that is notoriously tightly held. 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


