Located at 8m/508 Queen Street, Auckland Central, Auckland - City, this residential apartment offers a compact yet efficient living space with 1 bedroom, 1 bathroom, and no carpark, covering a floor area of 34 square meters. Built in 2003, the property features concrete walls in good condition and a roof made of mixed materials, also in good condition. The apartment, which has a level property contour, is held under a Unit Title ownership type, emphasizing its suitability for individuals or investors seeking a hassle-free property in the heart of Auckland.
The capital value of this property has seen a notable increase, from $175,000 in July 2017 to $210,000 in June 2021, marking a 20% growth. Despite this, the HouGarden AVM estimates its value at $205,000. The property's sale history includes a transaction at $83,000 on January 25, 2024, and a previous sale at $130,000 on April 26, 2009, reflecting the property's fluctuating market value over time.
For families considering educational opportunities, the apartment is zoned for several reputable schools. Auckland Grammar and Auckland Girls' Grammar School, both secondary institutions, have deciles of 9 and 3, respectively. Ponsonby Intermediate, an intermediate school, also boasts a decile rating of 9, while Freemans Bay School, a contributing primary institution, has a decile of 6. These schools offer a range of educational environments for students of various ages.