6b/18 Scotia Place, Auckland Central, Auckland City

Nestled in the serene 'Nova en Scotia', this fully furnished 2-bedroom apartment boasts a floor area of 53sqm, featuring an open plan modern kitchen with living/dining and a sunny balcony that captures pleasant views. Constructed in 2003 with iron roofing and concrete walls, this unit title property is in average condition both inside and out. It is situated on an easy/moderate fall contour and is in close proximity to universities and the vibrant Queen Street, offering a car-free city lifestyle. The property's capital value has seen a 9.8% decrease since 2017, currently valued at $460,000, though the HouGarden AVM estimates a higher value of $500,000. The latest sale was in 2024 for $423,000, a significant increase from the 2003 sale price of $201,000. In terms of education, the property falls within the zones of Western Springs College (Decile 8) and Ponsonby Intermediate (Decile 9), among others.

With a capital value that has been on a downward trend, this property presents a potential investment opportunity. The recent sale history and the AVM valuation indicate a promising rebound in value. It's a perfect blend of comfort and convenience, especially for those seeking a centrally located home with easy access to educational institutions.

For families with school-aged children, the property is zoned for Western Springs College, known for its secondary education (Year 9-15), and Ponsonby Intermediate, both high-decile schools. Additionally, Freemans Bay School and Auckland Girls' Grammar School are also within the vicinity, offering a range of educational options.

Updated on August 07, 2024