501/11 Union Street, Auckland Central, Auckland

Located at 501/11 Union Street, Auckland Central, Auckland - City, this residential apartment offers 2 bedrooms, 1 bathroom, and spans across a floor area of 47 square meters. Constructed in 2002 with concrete walls and an iron roof, both in average condition, this property is part of a unit title, indicating a shared ownership structure common in apartment complexes. Despite having no dedicated car parks, its central location and level property contour make it a convenient choice for urban living.

The property's capital value has remained steady at $390,000 since 2017, with no increase observed. The latest sale data shows a transaction at $450,000 on January 14, 2024, indicating a market value adjustment despite the static government valuation. Previously, it sold for $495,000 on April 8, 2016. The HouGarden AVM estimates the property's value at $372,500, suggesting a nuanced view of its worth in the current market.

Situated within desirable school zones, this apartment offers access to Western Springs College (decile 8), Ponsonby Intermediate (decile 9), Freemans Bay School (decile 6), and Auckland Girls' Grammar School (decile 3). These schools range from contributing to secondary levels, providing a solid educational foundation for residents in the area.

Updated on April 06, 2024.