4e/2 Eden Crescent, Auckland Central, Auckland

Nestled in the heart of Auckland City, at 4e/2 Eden Crescent, lies a strategically located stratum in freehold apartment. This 31 square meter, 1 bedroom, 1 bathroom unit, built in 1998, features concrete walls and an iron roof, both in average condition. The property, with a level contour, is part of the Argent Hall complex - a stones throw away from Countdown Supermarket, Britomart, and the University of Auckland, making it an ideal investment for both students and investors. The property has maintained a consistent Capital Value (CV) of $300,000 since 2017, with a HouGarden AVM of $280,000, and a notable history of sales, the latest being $137,000 in 2013. Despite a 0% CV increase, the apartment presents a lucrative opportunity with a potential 7% NET return on investment. It's zoned for Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), ensuring top-notch education facilities for residents.

For those seeking a sound property investment in a vibrant and convenient location, this apartment is a wise choice. With a history of being a sought-after property, it's a fire sale that shouldn't be missed!

Educationally, the property is within a prime school zone, catering to diverse educational needs and boasting high-decile institutions. It's a perfect blend of comfort, convenience, and potential growth.

Updated on May 29, 2024