Nestled in the heart of Auckland City at 1135/72 Nelson Street, this residential apartment boasts 2 bedrooms, 2 bathrooms, and a carpark. Constructed in 2003 with concrete walls and an iron roof, the property sits on a level contour with an average wall and roof condition. It's a unit title in the popular 'ZEST' complex, a freehold property that enjoys city and harbour views. The apartment has a floor area of approximately 48m2 and is currently tenanted, making it an attractive investment opportunity.
Since 2017, the capital value has seen a significant increase of 13.6%, reaching $500,000 as of June 2021. The HouGarden AVM estimates the property's value at $495,000, while the latest sale history shows a transaction at $395,000 in 2024, following a previous sale at $439,000 in 2015. This upward trend in value is a testament to the property's appeal and potential.
For families with children, the property falls within the zones of Western Springs College (decile 8), Ponsonby Intermediate (decile 9), Freemans Bay School (decile 6), and Auckland Girls' Grammar School (decile 3). These reputable schools offer quality education and contribute to the property's desirability.
Updated on November 27, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.01 km | 2 | 1 | 37m2 | Year 2024 Month 11 Day 07 | $250,000 | Council approved | |
 | 0.01 km | 2 | 1 | 37m2 | Year 2024 Month 11 Day 07 | $250,000 | Council approved | |
 | 0.01 km | 2 | 1 | 37m2 | Year 2024 Month 10 Day 31 | $255,000 | Council approved | |
 | 0.01 km | 2 | 2 | 48m2 | Year 2024 Month 10 Day 16 | $395,000 | Council approved | |
 | 0.01 km | 1 | 1 | 37m2 | Year 2024 Month 07 Day 28 | $260,000 | Council approved |