Located at 1c/17 Scanlan Street, Grey Lynn, Auckland - City, this modern apartment offers an enviable lifestyle in a prime location. The property features 1 bedroom, 1 bathroom, and 2 secure covered car parks, making it an ideal choice for first home buyers, downsizers, or savvy investors. The apartment spans 51m2 with an additional flexible space that can serve as an office or guest area, complemented by outdoor decking. Constructed in 1998 with concrete walls and an iron roof, both in good condition, this unit title property is set on a level contour.
The apartment has seen a significant increase in capital value, from $540,000 in July 2017 to $680,000 in June 2021, marking a 25.93% growth. The latest sale was recorded on January 26, 2024, for $615,000, following a previous sale at $605,000 on October 6, 2017. The HouGarden AVM estimates its value at $650,000. This property's appeal is further enhanced by its proximity to top-rated schools, including Pasadena Intermediate, Western Springs College, Newton Central School, Kowhai Intermediate School, and Auckland Girls' Grammar School, all within desirable decile ratings.
Residents will benefit from the property's close proximity to Ponsonby's exquisite dining and retail options, Grey Lynn Park, and convenient public transport links. The Scala Apartments offer secure parking, elevator access, and a layout that suits a range of lifestyles, all within a peaceful setting away from main roads. This apartment is not only a sound investment but also a chance to enjoy a metropolitan lifestyle with all the conveniences of city living.
Updated on April 06, 2024.