9b/11 Nicholas Street, Auckland Central, Auckland

Nestled at the serene cul-de-sac of 9b/11 Nicholas Street, this Residential - Apartment boasts a single bedroom, bathroom, and carpark, all within a cozy 48 sqm floor area. Constructed in 1994 with roughcast walls and an iron roof, this Unit Title property sits on a level contour with a fair condition both inside and out. The capital value has seen a rapid increase from $330,000 in 2017 to $480,000 as of June 2021, reflecting a growth of 45.45%. The latest sales history shows transactions at $470,000 in 2024 and $413,000 in 2021, while the HouGarden AVM estimates it at $442,500.

With a prime location, the property is part of the Lord Nelson complex, offering convenient access to motorways, the university, and SkyCity. The Western Springs College, a secondary school with a decile rating of 8, and Ponsonby Intermediate with a decile 9 rating, are among the esteemed schools in the area. Freemans Bay School and Auckland Girls' Grammar School also contribute to the excellent educational options.

Given the scarcity of apartments in the building and the current demand, this studio is a hot property that won't last long on the market.

Updated on December 04, 2024