1005/171 Queen Street, Auckland Central, Auckland

Nestled in the vibrant heart of Auckland City at 1005/171 Queen Street, this residential apartment is a perfect blend of convenience and cosmopolitan living. Constructed in 1997 with concrete walls and a mixed-material roof, the property stands in good condition, both inside and out. It boasts one bedroom, one bathroom, and a cozy floor area of 48m2. The unit title ownership adds to the appeal, while the absence of car parks hints at a car-free urban lifestyle. Here, the pulse of the city is at your doorstep, with the Viaduct, Queen Street, and the waterfront serving as your extended backyard.

As for investment potential, the property's capital value has seen a slight decrease from $410,000 in 2017 to $400,000 as of 2021, indicating a -2.43% growth rate. However, the HouGarden AVM estimates a value of $407,500, and the latest sale history shows transactions at $420,000 in 2024 and $477,000 in 2018. This suggests a promising return on investment, whether through occupation or rental income.

For families with children, the property falls within the catchment area of several esteemed schools. Western Springs College and Ponsonby Intermediate both boast high decile ratings of 8 and 9 respectively, while Freemans Bay School and Auckland Girls' Grammar School offer additional options with ratings of 6 and 3. The educational opportunities are a significant highlight for those seeking a property in a reputable school zone.

Updated on November 13, 2024