5/101 College Hill, Freemans Bay, Auckland

Located at 5/101 College Hill, Freemans Bay, Auckland - City, this iconic Art Deco gem, built in the 1930s and fully renovated, offers a blend of convenience and lifestyle in a sought-after location. The property, part of the Penningtons building, features two bedrooms, one bathroom, and one carpark, with a floor area of 76 square meters. It boasts modern stone benchtops, a plumbed fridge, modern appliances, Chevron Parquet flooring, carpets in the bedrooms, a ventilation system, heating/cooling system, and a fully renovated bathroom. The property is enhanced by lovely white Venetian shutters and bonus attic space for storage. Positioned on the top level, it offers stunning views of the city and Mt Eden, making it a prime spot at the top of College Hill. The property, which can be sold fully furnished, represents an incredible investment opportunity or a city fringe bolt hole for lock and leave stays. It also has access to a private resident's courtyard and is just a short walk from Hotel Ponsonby and Marys Cafe.

The property has seen a significant increase in capital value, from $800,000 in July 2017 to $990,000 in June 2021, marking a 23.75% increase. The latest sale was recorded on January 26, 2024, for $950,000, following a previous sale on November 2, 2018, for $750,000. The HouGarden AVM estimates the property's value at $950,000.

Located in a prime school zone, the property is zoned for Western Springs College (Secondary, Decile 8), Ponsonby Primary School (Contributing, Decile 10), Ponsonby Intermediate (Intermediate, Decile 9), and Auckland Girls' Grammar School (Secondary, Decile 3), offering excellent educational opportunities.

Updated on April 06, 2024.