6/2 Cowie Street, Parnell, Auckland

Nestled on the border of Newmarket and Parnell, this 53m2 top-floor unit with a Leasehold title is a gem in Auckland's property market. The home boasts 1 bedroom, 1 bathroom, and 1 carpark, complemented by an iron roof and wooden exterior walls. Constructed in 1960, the unit features average wall and roof conditions, and a level property contour. The interior layout is generous, with a spacious bedroom, an open-plan living, dining, and kitchen area that leads to a roomy balcony - perfect for a BBQ or relaxation. The unit is light-filled and offers sunny urban views. It's located near Auckland Hospital, Auckland Domain, and the CBD, with the local Farmers Market just at the end of the street. The 'Spinneywood Court' is a short walk to Parnell Village and vibrant Newmarket, offering an array of dining and shopping options. The property falls within the decile 9 school zones of Parnell School, Auckland Grammar, and Epsom Girls' Grammar School. The government's capital value has seen a 29% increase from $620,000 in 2017 to $800,000 as of June 2021, while the HouGarden AVM estimates it at $765,000. This unit is ideal for professionals, investors, students, hospital staff, or downsizers, and is a must-grab opportunity.

As for the financials, the ground lease is $8,000 per year, with the current sub-lease arrangement and annual maintenance at $250. The rates are set at $2,434.22, and the property comes with a covered single car park. The architectural designed building, built in 1967, had its exterior cladding repainted in 2018. Don't miss out on securing this amazing opportunity in a deceased estate!

Updated on October 17, 2024