1b/5 Cheshire Street, Parnell, Auckland

Nestled in the heart of Parnell, this attractive 2-bedroom, 2-bathroom unit with a single car park is a prime example of modern living. Constructed in 1994 with concrete walls and an iron roof, both in good condition, the property is situated in a level contour. It boasts a floor area of 107 square meters and is governed by a Unit Title. The property has seen a significant Capital Value increase of 8.16% from $980,000 in 2017 to $1,060,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,032,500, while the latest sales were recorded at $750,000 in 2024 and $481,000 in 2015.

With a CV that's rising steadily, this property is not just a home but also a sound investment. It is located in a quiet cul-de-sac, adding to the appeal of the Dakota Apartments where it is part of a complex that includes amenities like a tennis court, gym, and lap pool, along with an on-site manager for added security.

For families with school-aged children, the property falls within the zones of highly esteemed schools such as Parnell School, Auckland Grammar, and Epsom Girls' Grammar School, all with a decile rating of 9, indicating a high standard of education.

Updated on August 21, 2024