Back 12G/8 Scotia Place
Off Market

12G/8 Scotia Place

Auckland Central Auckland

1
1
31 m²
Apartment
Marcus FavaMarcus Fava, last sold this property on 10 April 2026 after 14 days on market.

Overview

PARK-SIDE CASH MACHINE | 9% NET RETURN | $139k

A park-side sanctuary for the savvy cash buyer. Forget the low-yield "safe" bets. This is a high-performance, freehold asset tucked away in a quiet lane with Myers Park as your backyard. At the list price, this 29m² (approx.) one-bedroom unit delivers a massive 9% net return-a figure almost impossible to find elsewhere in the CBD. The Investor Advantage • High Yield: A genuine 9% net return at list price. • $400 PER WEEK! • Priced specifically for cash-only buyers due to known building maintenance requirements. • Capital Gains: Secure this now well below market value and reap the rewards once the building works are complete. • Freehold Title: No leasehold headaches here. The "Walkable" Lifestyle • University Hub: Steps from UoA and AUT-the ultimate high-occupancy rental or student crash pad. • Prime Transit: Minutes to Queen Street, Aotea Square, and major bus routes. • Nature at the Door: Rare, unobstructed views of Myers Park. Our owner has moved on and is highly motivated to sell. This is strictly for those who understand the value of buying into a building with "upside" potential. No hesitation-this must be sold. Note: Cash buyers only. Areas and measurements are approximate. Buyers should conduct their own due diligence. Call Marcus now 021 43 55 16

Features

1 bedroom
1 bathroom
31 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Auckland Central over the last 12 months, the estimated median property value of 12G/8 Scotia Place is $216.5k.

Median value
$216.5k
Estimated value range
$22k - $1.3m
Median days on market
46
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Auckland Central. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12G/8 Scotia Place

2026
Sold
Undisclosed
10 Apr 2026 by Marcus Fava, of eXp New Zealand Ltd

Happy sellers in Auckland Central

63%
63% of sellers in Auckland Central reported that their sale price either exceeded or met their price expectations.

Auckland Central stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 177 reviews in Auckland Central over the last 12 months.

Local market activity for 1 bedroom apartments in Auckland Central

In the last 12 months, 215 one-bedroom apartments similar to 12G/8 Scotia Place, have been sold.

This represents a 18% increase in one-bedroom apartments sales when compared to the previous 12 months.

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