15h/33 Mount Street, Auckland Central, Auckland

Nestled in the heart of Auckland City, this well-appointed studio apartment at 15h/33 Mount Street offers the convenience of urban living. Constructed in 1997 with concrete walls and an iron roof, both in good condition, this Unit Title property boasts a floor area of 33 square meters and is complemented by a secure carpark. The property has experienced a stable Capital Value of $300,000 since 2017, with no increase, and is currently valued at $290,000 according to HouGarden AVM. Notably, the latest sale was recorded at $235,000 in 2024, following a previous sale in 2006 at $145,500.

For investors, this property presents a golden opportunity with a high demand for rental accommodation among students, given its proximity to Auckland University and AUT. The location is further enhanced by its inclusion in the decile 9 school zones of Auckland Grammar and Ponsonby Intermediate, and the decile 6 Freemans Bay School, making it an ideal choice for families with educational considerations.

With easy access to the city's amenities, including a 5-minute walk to Queen Street and close proximity to the Auckland City Library, this studio apartment is not only a comfortable residence but also a wise investment in a prime location.

Updated on October 23, 2024