Nestled in the heart of Freemans Bay, this charming 2-bedroom, 1-bathroom unit with a single car park presents an opportunity not to be missed. Constructed in 1980 with concrete walls and an iron roof, this property boasts an average condition and a level contour, ideal for those seeking a central city lifestyle. As of June 2021, the Capital Value (CV) stands at $1,240,000, reflecting a significant increase of 32.15% since July 2017. The property is governed by Unit Title and offers a floor area of 85m2.
With a HouGarden AVM of $1,190,000 and a latest sale history of $862,000 in December 2017, this property presents a promising investment. The CV growth history and the potential for further value addition make it an attractive proposition. The location further enhances its appeal, being within walking distance to Auckland’s CBD, Ponsonby, and Victoria Park.
For families with school-aged children, the property falls within the zones of Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3). This ensures access to quality education. Whether you are looking to downsize or invest in a prime location, this property is a must-consider.
Updated on October 03, 2024