1b/15 Augustus Terrace, Parnell, Auckland

Nestled in the heart of Parnell, Auckland, this delightful one-bedroom, one-bathroom unit with two carparks is a prime example of affordable city living. Constructed in 1990 with concrete walls and an iron roof, both in good condition, this Unit Title property at 1b/15 Augustus Terrace is set on level contour, offering a floor area of 47 square meters. The property's Capital Value (CV) has seen a slight decrease from $510,000 in 2017 to $500,000 as of June 2021, indicating a -0.0196% growth rate. However, the HouGarden AVM estimates the property at $515,000, reflecting a potential investment opportunity. The latest sale history shows a sold price of $459,000 in 2024 and $386,000 in 2015, highlighting the property's increasing market appeal.

For families with school-aged children, the property falls within the zones of highly esteemed Parnell School (Full Primary, Decile 9), Auckland Grammar (Secondary, Decile 9), and Epsom Girls' Grammar School (Secondary, Decile 9), ensuring access to top-notch education. This unit presents an ideal blend of convenience, lifestyle, and investment potential, making it an attractive prospect for both homebuyers and investors.

Occupying a tranquil position at the rear of the block, the refurbished apartment with its secure carpark is mere minutes from the bustling Parnell Road. The open-plan living, tidy kitchen, and bathroom create an easy-care living space perfect for city fringe life. Whether it's a short walk to work or a quick retreat after a long day, this charming apartment is centrally located to enjoy the array of cafes, bars, and restaurants, as well as the local markets on weekends.

Updated on October 02, 2024