5c/23 Emily Place, Auckland Central, Auckland

Nestled in the heart of Auckland Central, at 5c/23 Emily Place, sits a rarely available studio apartment in the esteemed 'Silo' building. This northwest-facing abode, built in 2006, boasts a floor area of 22sqm and is complemented by a balcony, offering a blend of modern comfort and historical charm. It's a unit title property with concrete walls and a mixed-material roof, both in good condition. The apartment complex, once the Northern Roller Flour Mills, is steeped in history and converted into freehold apartments in 2006. It features a gym and sauna room, with body corporate fees approximately $2700pa, covering hot and cold water. The property's Capital Value has remained stable at $290,000 since 2017, with a recent HouGarden AVM of $280,000. Notably, the latest sale was recorded at $225,000 in 2024, following a previous sale at $235,000 in 2021. The CV increase percentage stands at 0.0%.

For families, the property falls within the zones of Western Springs College (Decile 8) for secondary education and Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), offering a range of educational options.

Centrally located, it's a short walk to Britomart, the University, and Auckland's vibrant CBD, with easy access to public transport, waterfront ferry, and a plethora of dining and entertainment venues. This is a unique opportunity to secure a piece of Auckland's history in a prime location, perfect for those seeking a combination of lifestyle and investment.

Updated on October 23, 2024