1g/11 Augustus Terrace, Parnell, Auckland

Nestled in the esteemed Hemisphere building on Augustus Terrace, Parnell, is this light and spacious 88sqm apartment. It boasts 2 double bedrooms, 1 bathroom, and an open-plan kitchen/living/dining area, complemented by high-stud ceilings and floor-to-ceiling windows. The covered West-facing balcony and 2 secure carparks add to the appeal. This Unit Title property, with a concrete exterior and mixed-material roof, is in a prime location, minutes from the CBD and close to amenities like cafes, shops, the Rose Gardens, and the French Market. The property falls within the highly sought-after zones of Parnell School and both Auckland Grammar and Epsom Girls' Grammar School. The capital value has seen a growth of 38.27% from $810,000 in 2017 to the current $1,120,000 as of June 2021. The HouGarden AVM estimates the property at $1,072,500, while the latest sale was for $1,020,000 in 2024, up from $780,000 in 2017.

With a rental potential of $825.00 per week, this quality apartment is a sound investment in a city where the school zones and property values are highly respected.

Augustus Terrace is a quiet cul-de-sac, making it an ideal place for those who appreciate both convenience and tranquility.

Updated on October 23, 2024