Nestled in the esteemed Hemisphere building on Augustus Terrace, Parnell, is this light and spacious 88sqm apartment. It boasts 2 double bedrooms, 1 bathroom, and an open-plan kitchen/living/dining area, complemented by high-stud ceilings and floor-to-ceiling windows. The covered West-facing balcony and 2 secure carparks add to the appeal. This Unit Title property, with a concrete exterior and mixed-material roof, is in a prime location, minutes from the CBD and close to amenities like cafes, shops, the Rose Gardens, and the French Market. The property falls within the highly sought-after zones of Parnell School and both Auckland Grammar and Epsom Girls' Grammar School. The capital value has seen a growth of 38.27% from $810,000 in 2017 to the current $1,120,000 as of June 2021. The HouGarden AVM estimates the property at $1,072,500, while the latest sale was for $1,020,000 in 2024, up from $780,000 in 2017.
With a rental potential of $825.00 per week, this quality apartment is a sound investment in a city where the school zones and property values are highly respected.
Augustus Terrace is a quiet cul-de-sac, making it an ideal place for those who appreciate both convenience and tranquility.
Updated on October 23, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 1 | 70m2 | Year 2024 Month 12 Day 13 | $700,000 | Council approved | ||
 | 0.04 km | 2 | 113m2 | Year 2024 Month 12 Day 04 | $1,185,000 | Council approved | ||
0.13 km | 2 | 1 | 46m2 | Year 2024 Month 11 Day 19 | $750,000 | Council approved | ||
 | 0.09 km | 2 | 2 | 93m2 | Year 2024 Month 11 Day 07 | $980,000 | Council approved | |
 | 0.10 km | 2 | 2 | -m2 | Year 2024 Month 10 Day 01 | $1,020,000 | Council approved |