1102/207 Federal Street, Auckland Central, Auckland

Nestled in the heart of Auckland Central, this 2006-built freehold complex, The Federal, offers a modern and convenient lifestyle. The apartment, approximately 55sqm in size, boasts an open-plan layout, two generous bedrooms, a well-appointed bathroom, and a secure undercover car park. With an iron roof and concrete walls in good condition, it's a low-maintenance home in a prime location. The property's Capital Value (CV) has seen a steady increase from $630,000 in 2017 to $670,000 as of June 2021, reflecting a growth of 6.35%. The HouGarden AVM estimates the property's value at $650,000, while the latest sales were at $541,000 in 2024 and $520,000 in 2015.

For families, the property falls within the decile 8 Western Springs College, decile 9 Ponsonby Intermediate, decile 6 Freemans Bay School, and the renowned Auckland Girls' Grammar School. These educational institutions are a testament to the quality of the school zone.

With views over Aotea Square and minutes away from Auckland University/Unitec, this property is not just an investment but a chance to embrace city life at its best. Currently rented at $460 per week for the apartment and $60 for the car park, it presents a golden opportunity for investors or those seeking a central city abode.

Updated on August 21, 2024