Nestled in the heart of Auckland City, this 1-bedroom, 1-bathroom unit with a balcony, is a unit-titled property from the popular 'Victopia' complex. Constructed in 2003 with concrete walls and a mixed-material roof, it offers a level contour and a floor area of 29 square meters. Notably, the property's capital value has seen a decrease of 35%, from $200,000 in 2017 to $130,000 as of 2021. Despite the wall condition being poor and the roof in average condition, its prime location and high rental potential make it a lucrative investment. The latest sale history shows a sold price of $147,500 in 2024 and $238,000 in 2019, while the HouGarden AVM estimates the property's value at $195,000.
When it comes to the educational facilities, the property falls within the zones of Western Springs College (Decile 8) for secondary education, Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), ensuring a range of schooling options for families.
Updated on August 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 2 | 1 | 66m2 | 2025 01 29 | $435,000 | Council approved | |
0.04 km | 2 | 1 | 66m2 | 2024 10 31 | $355,000 | Council approved | ||
 | 0.00 km | 1 | 1 | 40m2 | 2024 08 30 | $340,000 | Council approved | |
 | 0.00 km | 2 | 1 | 43m2 | 2024 08 22 | $350,000 | Council approved | |
0.00 km | 2 | 1 | 33m2 | 2024 08 21 | $319,050 | Council approved |