Nestled at 609/37 Symonds Street, Grafton, this 2-bedroom, 1-bathroom unit with a floor area of 46 SQM holds a Unit Title in the Residential - Apartments category. Constructed in 2005, the property boasts concrete walls in good condition and a mixed-material roof, also well-maintained. It is set on a level contour with easy access to public transport and the Auckland CBD. The property's Capital Value as of June 2021 stands at $410,000, showing a decrease of 4.65% from the July 2017 valuation of $430,000. The HouGarden AVM estimates the property's value at $432,500, with the latest sale recorded on July 15, 2024, at $430,000, following a previous sale on March 22, 2018, at $485,000.
With a CV increase history that reflects market fluctuations, this property is not just an investment but a strategic choice. It is located within the catchment area of esteemed schools such as Auckland Grammar (Decile 9) for secondary education and Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), making it an ideal option for families with academic aspirations.
Whether you're looking for a lock'n'leave convenience, rental investment potential, or a home base for university-goers, this Forte apartment offers a versatile lifestyle in a prime location. The open living space, sizeable deck, and proximity to the University of Auckland and AUT are added bonuses that make this property a sought-after gem in the city's heart.
Updated on September 11, 2024