Nestled in the heart of Auckland Central at 8b/105 Albert Street, this Manhattan apartment boasts a comfortable living space with one bedroom and one bathroom. Constructed in 1994 with a mix of materials for the walls and iron for the roof, this unit title property offers an average condition both inside and out on a level contour. Enjoying a strategic location near Sky City, AUT, and Auckland University, the unfurnished apartment features an open-plan kitchen and living area, with the added benefit of on-site gym and sauna usage. Notably, the property's capital value has seen a decrease of 18.75% from $320,000 in 2017 to $260,000 as of June 2021. However, the HouGarden AVM estimates a higher value of $310,000, and the latest sale history shows a transaction at $162,000 in September 2024, indicating potential for future growth.
For families with children, the property falls within the zones of Western Springs College (Decile 8) for secondary education, Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6) for contributing education, and Auckland Girls' Grammar School (Decile 3), providing a range of educational options.
With a spacious layout, large windows allowing abundant natural light, and a prime location, this apartment presents an attractive opportunity for both investors and residents alike.
Updated on October 09, 2024