Nestled in the heart of Auckland City at 606/10 Ronayne Street, this residential apartment boasts a spacious layout with 1 bedroom, 1 bathroom, and a carpark. Constructed in 2004 with concrete walls and an iron roof, this unit title property sits on a level contour, providing an average condition both inside and out. The apartment complex offers resort-style amenities including an indoor heated pool, sauna, gym, and tennis court, making it an ideal complex for university students. With north-facing views that let in ample natural light, and a prime location near downtown, Britomart shopping, cafes, and supermarkets, this property is not just a home but a smart investment. The current government valuation reflects a capital value of $670,000 as of June 2021, a significant increase of 26.4% from the $530,000 valuation in July 2017. The HouGarden AVM estimates the property's worth at $640,000. Furthermore, the property presents an opportunity for instant income with a tenant eager to continue on a periodic tenancy.
For families with school-aged children, the property falls within the zones of Parnell School, a full primary with a decile rating of 9, Western Springs College, a secondary school with a decile rating of 8, and Auckland Girls' Grammar School, a secondary school with a decile rating of 3. This combination of quality education options and a rapidly appreciating property value makes it a deal not to be missed.
Are you seeking an unbeatable deal in the Auckland property market? Look no further! This luxurious 1-bedroom apartment is on the market with a serious seller ready to meet the market. Whether you choose to move in and enjoy the vibrant city lifestyle or keep the tenant and enjoy a steady income stream, this property presents a unique opportunity. Don't let this chance slip by!
Updated on April 26, 2024