Located at 1203/207 Federal Street, Auckland Central, Auckland - City, this residential apartment offers a modern urban living experience. With 2 bedrooms, 1 bathroom, and a floor area of 55 square meters, it's designed for comfort and convenience. The property, built in 2006, features concrete walls in good condition and an iron roof also in good condition, ensuring durability and low maintenance. The apartment is part of a complex with a Unit Title ownership type, indicating a structured and secure investment.
The property has seen a modest capital value increase, from $570,000 in July 2017 to $580,000 in June 2021, marking a growth of approximately 1.75%. Despite this, the latest sale on January 22, 2024, was at $510,000, below both the previous sale price of $575,000 on September 5, 2018, and the current government valuation. The HouGarden AVM estimates the property's value at $552,500, reflecting the market's fluctuating nature.
Situated in a prime educational zone, the apartment is zoned for several high-decile schools, including Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3). These schools offer quality education options for families with children in various stages of their schooling journey.
Updated on April 06, 2024.