Back 427-428/21 Whitaker Place
Off Market

427-428/21 Whitaker Place

Grafton Auckland

2
2
56 m²
Apartment
Last sold for $175,000
Anchit SharmaAnchit Sharma, last sold this property on 03 September 2025 after 13 days on market.

Overview

Dual-Key Unit with Lock-In Income Until 2026

This fully managed Dual-Key apartment, approximately 56sqm, is located in the ever popular Empire Apartments and comprises two studios with its own kitchenette and bathrooms. Currently, it generates around $1,500 (incl GST) NET per month after covering ALL expenses, which include body corporate fees, council rates & management fee, all taken care of by the management company. This property offers an attractive return in Auckland's competitive student rental market and is one of only ten similar units in the apartment building. The apartment is leased to Theta Management until mid-2026, providing a hands-off income stream. Once the lease ends, you have the flexibility to renew it, continue with professional management, or take vacant possession. The vendors are GST registered, so the apartment will be sold either 'Plus GST' or as a 'Going Concern'. Positioned just minutes from the University of Auckland and AUT, and with convenient transport links nearby. Don't miss your chance to secure your place in Auckland's dynamic property market. Get in touch today to take the next step toward achieving your investment goals.

Features

2 bedrooms
2 bathrooms
56 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Grafton over the last 12 months, the estimated median property value of 427-428/21 Whitaker Place is $455k.

Median value
$455k
Estimated value range
$98k - $1.27m
Median days on market
50
Estimated value trend
35%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Grafton. 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 427-428/21 Whitaker Place

2025
Sold
$175,000
03 Sep 2025 by Anchit Sharma, of Ray White Auckland Central (A T Realty Group)

Happy sellers in Grafton

70%
70% of sellers in Grafton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 32 reviews in Grafton over the last 12 months.

Local market activity for 2 bedroom apartments in Grafton

In the last 12 months, 24 two-bedroom apartments similar to 427-428/21 Whitaker Place, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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