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1/34 Wellington Street, Freemans Bay, Auckland, 2 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 10 Day 02

1/34 Wellington Street, Freemans Bay, Auckland

2
1
85m2

Nestled in the heart of Freemans Bay, this charming 2-bedroom, 1-bathroom unit with a single car park presents an opportunity not to be missed. Constructed in 1980 with concrete walls and an iron roof, this property boasts an average condition and a level contour, ideal for those seeking a central city lifestyle. As of June 2021, the Capital Value (CV) stands at $1,240,000, reflecting a significant increase of 32.15% since July 2017. The property is governed by Unit Title and offers a floor area of 85m2.

With a HouGarden AVM of $1,190,000 and a latest sale history of $862,000 in December 2017, this property presents a promising investment. The CV growth history and the potential for further value addition make it an attractive proposition. The location further enhances its appeal, being within walking distance to Auckland’s CBD, Ponsonby, and Victoria Park.

For families with school-aged 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). This ensures access to quality education. Whether you are looking to downsize or invest in a prime location, this property is a must-consider.

Updated on October 03, 2024

Council Data

Last update : 2025 01 22
Improvement value$410,000Increased by 36% from year 2017
Land value$830,000Increased by 29% from year 2017
CV(Year 2021 Month 06)$1,240,000Increased by 31% from year 2017
View typeNo appreciable view
ContourLevel
Floor area85m²
Decade of construction1980
TitleNA109D/966
Type of titleUnit Title
Legal descriptionAU 70 UP 178333, AU 9 UP 178333, UNIT 341 UP 178333
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 341 AND ACCESSORY UNIT 9 AND 70 DEPOSITED PLAN 178333
Council rates$3,256.04
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Freemans Bay School
0.23 km
Primary
1-6
Government
Co-Educational
EQI: 407
6
Auckland Girls' Grammar School
0.41 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Ponsonby Intermediate
1.47 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9
Western Springs College-Ngā Puna o Waiōrea
3.46 km
Secondary
9-15
Government
Co-Educational
EQI: 416
8

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:-
Title:Unit Title

Surrounding facilities

Wellington Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Freemans Bay properties data
Sales count(Last 12 months)
34View
Type: Unit
Sales median price(Last 12 months)
$895,500
Low: $565,000, High: $2,650,000
Rent median price(Last 12 months)
$740
Low: $625, High: $1,195
Freemans Bay property trend
Year
Median price
Growth
Sales count
2024
$890,000
-6.8%
37
2023
$955,000
-7.5%
19
2022
$1,032,500
-4.4%
24
2021
$1,080,000
21.5%
41
2020
$889,000
-2.3%
31
2019
$910,000
0.2%
57
2018
$908,000
-18.6%
55
2017
$1,115,000
37.2%
45
2016
$812,500
4.8%
62
2015
$775,000
23.5%
39
2014
$627,500
-
50

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
17 Foundries Lane, Freemans Bay
0.16 km
2
1
-m2
Year 2024 Month 12 Day 10
-
Council approved
514/27 Union Street, Auckland Central
0.16 km
1
1
-m2
Year 2024 Month 11 Day 01
-
Council approved
0.16 km
2
1
64m2
Year 2024 Month 09 Day 17
$520,000
Council approved
0.15 km
1
1
63m2
Year 2024 Month 08 Day 17
$475,000
Council approved
5/145 Howe Street, Freemans Bay
0.08 km
2
1
77m2
Year 2024 Month 08 Day 16
-
Council approved

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