Nestled at 1d/135 Victoria Street, Auckland Central, this residential apartment boasts a spacious one-bedroom layout. Constructed in 2005 with concrete walls and a mixed-material roof, the unit features an open-plan kitchen, dining, and lounge that lead out to a sizeable balcony. The property, with a floor area of 40 square meters, holds a Unit Title. Notably, the capital value has seen a decrease of 32%, from $250,000 in 2017 to $170,000 as of 2021. The latest sales were recorded at $340,000 in 2024 and $300,000 in 2005, while the HouGarden AVM estimates it at $240,000.
Regarding the property's valuation, the government's assessment shows a decline, contrasting with the HouGarden AVM and the latest sale prices. This could present a potential investment opportunity in the heart of the city, close to amenities, universities, and entertainment hubs like Skycity and the Viaduct.
For families with children, the apartment falls within the school zones of Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), ensuring access to quality education.
Updated on October 09, 2024