Back 507/20 Park Avenue
Off Market

507/20 Park Avenue

Ellerslie Auckland

1
1
30 m²
Apartment
Tracy CornealTracy Corneal, last sold this property on 31 October 2024 after 344 days on market.

Overview

FREEHOLD - Exclusive Studio Sanctuary - High Yield

VIEWINGS: STRICTLY SUNDAY 2-3pm only (due to being currently tenanted) Auction Date: Wednesday 19th March 2025 @ 6pm Elevate your lifestyle in this luxurious studio apartment nestled in the prestigious Park Avenue, The Residences at LQ Ellerslie. Perfect for discerning professionals or couples, this apartment offers a haven of comfort and convenience with panoramic city views. Owner-occupiers and investors alike will appreciate the elevated urban aspect with every desired lifestyle amenity only moments away. Currently rented at a 6.5%+ return on investment. Exceptional Features: • Freehold Studio Apartment: Enjoy the freedom and security of owning your space • Rental Appraisal: $500 per week (furnished) • Rates (per annum): $112.15 • Body Corp Fees (per annum): $1,884.34 • Rental Yield: A lucrative nearly 7% Luxurious Amenities: • Premium Bathroom: Revel in the beautifully appointed bathroom with premium fixtures • Residents' Rooftop Garden: Enjoy the free use of the rooftop garden and BBQ area, an ideal spot to soak in the summer vibe • On-Site Gym: Stay active with complimentary access to the on-site gym facilities Prime Location: Ellerslie Township: Immerse yourself in the vibrant atmosphere of Ellerslie with its diverse restaurants, local shopping, and easy access to public transport School Zoning & Proximity: • Schools: In addition to being within the school zone for One Tree Hill College, Ellerslie School, and Baradene College, this prime location boasts proximity to numerous prestigious private schools • Convenient Access: Easily connect to Auckland's Motorway network • Transportation: A mere 5-minute walk to the Ellerslie Train Station • Shopping Hub: Newmarket is only an 8-minute drive away • City Access: Downtown Auckland is a short 15-minute drive • Retail Therapy: Sylvia Park is just a 9-minute drive away Don't miss out on this exceptional lifestyle opportunity-secure your spot in this prime Auckland address today

Features

1 bedroom
1 bathroom
30 m² floor area
Apartment

Estimated Value

We need at least 3 similar 1 bedroom apartments sold in Ellerslie over the last 12 months.

Property history for 507/20 Park Avenue

2024
Sold
Undisclosed
31 Oct 2024 by Tracy Corneal, of RE/MAX Apex Te Kauwhata

Happy sellers in Ellerslie

58%
58% of sellers in Ellerslie reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 81 reviews in Ellerslie over the last 12 months.

Local market activity for 1 bedroom apartments in Ellerslie

In the last 12 months, 2 one-bedroom apartments similar to 507/20 Park Avenue, have been sold.

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