1218/72 Nelson Street, Auckland Central, Auckland

Nestled in the heart of Auckland City, this 2-bedroom apartment with 1 bathroom offers a perfect blend of modern living and convenient location. Constructed in 2003 with concrete walls and an iron roof, the property sits on a level contour and boasts an average wall and roof condition. As a unit title, it provides a secure investment opportunity with a floor area of 37 square meters. The highlight is the open plan living area with stunning views of the Auckland harbour, complemented by a north-facing balcony that bathes in sunlight and overlooks the iconic harbour bridge. The complex includes access to recreational facilities, including an on-site gym, enhancing the appeal of this centrally located property. Notably, the capital value has seen a decrease of 8.57% from $350,000 in 2017 to $320,000 as of 2021, according to government valuations. However, the HouGarden AVM estimates the property at the same CV, with the latest sale recorded at $250,000 in 2024, and $253,000 in 2015. This property falls within the catchment area of several reputable schools, including Western Springs College (Decile 8) and Ponsonby Intermediate (Decile 9), making it an ideal choice for families.

Updated on December 11, 2024