Located at 5d/28 Wellesley Street, Auckland Central, Auckland - City, this residential apartment offers a blend of historical charm and modern convenience. Built in 1910, the property features 2 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 64 square meters. The apartment is part of a Unit Title ownership, boasting brick walls in good condition and an iron roof also in good condition. The property sits on level ground, highlighting its ease of access and maintenance.
The capital value of this property has seen a steady increase, from $740,000 in July 2017 to $770,000 in June 2021, marking a growth of approximately 4.05%. Despite this, the HouGarden AVM estimates its value at $760,000. The property's sale history reveals significant transactions, with the latest sale recorded on February 8, 2024, for $400,000, following a previous sale on February 21, 2003, for $360,000.
Education is a key feature of this property's location, situated within the zones of highly regarded schools. Auckland Grammar and Auckland Girls' Grammar School, both secondary institutions, have deciles of 9 and 3, respectively. Ponsonby Intermediate, an intermediate school, also boasts a decile of 9, while Freemans Bay School, a contributing primary institution, has a decile of 6. This diverse range of educational options underscores the property's appeal to families and investors alike.