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5E/6 St Martins Lane, Grafton, Auckland City, Auckland

By negotiation

5E/6 St Martins Lane, Grafton, Auckland City, Auckland

1

51m²

ApartmentListed on Tue Mar 7

school zone

Grafton 1 Bedroom Long Term Investment - Guaranteed Income!!!

This freehold, solid built, well-maintained and spacious 1 double bedroom apartment is situated in the sought after St Martins Apartment Building with a floor area of 51m2 (more or less).

Fully furnished, balcony, bathroom, open plan dining. It is ideal as a long term rental investment with good management and guaranteed income till 2029 with the ability to review for another 10 years.

Top sought after location, within walking distance to AUT, Auckland University and all other colleges. Close to Auckland Hospital and easy access to public transport. Secure building with a 24 hour reception, swimming pool and gym.

Thinking about an investment? Think about St Martins Ln,this is an excellent investment,and a rare opportunity. Don't miss out! Call us now!!!

We have other units in the same building for sale as well, 1-2 bedrooms, you can buy one, two or all.

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2025 01 22

Improvement value$205,000Reduced by -42% from year 2017

Land value$225,000Increased by 80% from year 2017

CV(Year 2021 Month 06)$430,000Reduced by -10% from year 2017

DeckYes

View typeNo appreciable view

ContourLevel

Floor area51m²

Decade of construction2009

Title446503

Type of titleUnit Title

Legal descriptionAU 10 DP 412534, UNIT 5E DP 412534

CouncilAuckland - City

Estate descriptionSTFH,1/1,UNIT 5E AND ACCESSORY UNIT 10 DEPOSITED PLAN 412534

Council rates$3,456.71
2023/2024

ConditionExternal Walls: Good
Roof: Good

ZoningBusiness - City Centre Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Auckland Girls' Grammar School	1.01 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 488	3	Detail
Newton Central School	1.29 km	Primary	1-6	Government	Co-Educational	EQI: 403	7	Detail
Auckland Grammar School	1.32 km	Secondary	9-15	Government	Single Sex-Boys	EQI: 385	9	Detail
Ponsonby Intermediate	2.51 km	Secondary	7-8	Government	Co-Educational	EQI: 381	9	Detail

Property history

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For developers

Unitary plan:Business - City Centre Zone

Land:-

Title:Unit Title

Surrounding facilities

St Martins Lane Neighborhood and Surrounding Data
St Martins Lane neighborhood is a sub-region located within Avoca Beach city

Suburbs

Data analysis - Grafton properties data

Sales count(Last 12 months)

16View

Type: Unit

Sales median price(Last 12 months)

$394,400

Low: $150,000, High: $892,500

Rent median price(Last 12 months)

$492

Low: $250, High: $750

Grafton property trend

Year	Median price	Growth	Sales count
2024	$394,400	24.6%	18
2023	$316,500	-19.5%	21
2022	$393,000	-8.2%	20
2021	$428,000	74%	35
2020	$246,000	-15.2%	34
2019	$290,000	-43.9%	50
2018	$517,000	43.6%	77
2017	$360,000	22%	57
2016	$295,000	-24.4%	32
2015	$390,000	122.2%	63
2014	$175,500	-	34

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
307/96 Symonds Street, Grafton	0.06 km	3	1	0m²	Year 2024 Month 11 Day 22	-	Council approved
410/23 Whitaker Place, Grafton	0.05 km	3	1	52m²	Year 2024 Month 11 Day 14	$199,000	Council approved
10a/2 Saint Martins Lane, Grafton	0.00 km	2		168m²	Year 2024 Month 11 Day 05	$1,052,000	Council approved
8F/6 St Martins Lane, Grafton	0.04 km	2	1	-m²	Year 2024 Month 11 Day 01	-	Council approved
8f/6 Saint Martins Lane, Grafton	0.02 km	2	1	56m²	Year 2024 Month 10 Day 20	$230,000	Council approved