509/13 Cheshire Street, Parnell, Auckland

Nestled in the serene cul-de-sac of Cheshire Street, this 2-bedroom, 1-bathroom apartment with 3 car parks presents an opportunity for sophisticated living. Constructed with a mix of materials, the exterior walls are in good condition, complemented by a robust iron roof, both contributing to the property's fresh, 2022 build feel. The apartment is governed by a Unit Title, offering a sense of community within the complex. With a floor area of 69 square meters, it's an ideal space for young professionals or those seeking a low-maintenance lifestyle, all within the highly sought-after double grammar school zone.

Since 2017, the capital value has seen a rapid increase of 18.75%, reaching $1,140,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,062,500, while the latest sale history shows consistency with sales at $895,000 in both 2015 and 2019. This trend indicates a strong investment potential in a thriving suburb.

Education takes center stage with the property's location in the Parnell School's full primary zone, and the Auckland Grammar and Epsom Girls' Grammar School secondary zones, all boasting a decile rating of 9. This addresses not only academic excellence but also the social and cultural benefits that come with being in a high-rating school community.

Updated on May 23, 2024