Located at 8k/14 Waterloo Quadrant, Auckland Central, this residential apartment offers a unique blend of character and convenience in the heart of Auckland's legal precinct. This studio apartment, part of the Connaught apartment complex, features 1 bedroom, 1 bathroom, and a floor area of 27 square meters. Despite having no car parks, its prime location and the inclusion of amenities such as a pool and gym make it highly desirable. The building, constructed in 1998 with concrete walls and an iron roof, shows signs of wear with the wall condition listed as poor and the roof condition as average. The property is on a level contour and holds a Unit Title ownership.
The capital value of this property has seen a significant decrease from $380,000 in July 2017 to $155,000 in June 2021, marking a -59.21% change. However, the latest HouGarden AVM estimates its value at $372,500. The property's sale history includes a sale for $275,000 on January 30, 2024, and a previous sale for $93,500 on March 23, 2022. This fluctuation in prices reflects the dynamic nature of Auckland's property market.
This apartment is zoned for several reputable schools, including Western Springs College (Secondary, decile 8), Ponsonby Intermediate (Intermediate, decile 9), Freemans Bay School (Contributing, decile 6), and Auckland Girls' Grammar School (Secondary, decile 3). Its central location offers unparalleled access to the University and AUT, Albert Park, the High Court, Auckland Hospital, Auckland Domain, the Central Business District, motorways, and public transport, making it an ideal choice for students and professionals alike.