324/21 Whitaker Place, Grafton, Auckland

This three-bedroom apartment located at 324/21 Whitaker Place, Grafton, Auckland - City, presents a unique investment opportunity in the heart of Auckland's student accommodation sector. With a floor area of 52m², this property features one bathroom, and although it lacks car parking facilities, it compensates with its strategic location. Constructed in 2006, the building boasts mixed materials for the roof and concrete walls, both in good condition. The apartment is part of a residential complex and holds a Unit Title ownership, situated on a level contour.

Despite its potential as a student accommodation investment, the capital value (CV) of this property has remained static at $270,000 since 2017, with no increase observed. The latest HouGarden AVM estimates the property's value at $265,000. This apartment, part of the Empire Apartments complex, is ideally located within walking distance to Universities, CBD, Queen Street, and Albert Park, offering a plethora of amenities.

The property falls within the school zones of Auckland Grammar with a decile rating of 9, Newton Central School (decile 7), Ponsonby Intermediate (decile 9), and Auckland Girls' Grammar School (decile 3), covering a comprehensive range of educational needs from primary to secondary levels.

Updated on March 22, 2024.