1b/37 Federal Street, Auckland Central, Auckland

Nestled in the heart of Auckland Central at 1b/37 Federal Street, this residential apartment boasts a single bedroom, a bathroom, and a carpark. Constructed in 1970 with iron roofing and concrete walls in average condition, this unit titled property offers a level contour and a floor area of 38 square meters. Its prime location and solid construction make it an attractive investment opportunity.

Since 2017, the government valuation has seen a decrease of 8.33%, from $480,000 to the current $440,000. However, the HouGarden AVM estimates the property's value at $442,500. The latest sale history shows a transaction at $362,500 in 2024, compared to $405,000 in 2018, indicating a dynamic market with potential for growth.

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), ensuring access to a range of educational options.

Updated on December 11, 2024