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Back 5B/8 Scotia Place
Off Market

5B/8 Scotia Place

Auckland Central Auckland

1
1
1
30 m²
Apartment
Last sold for $130,000
Stella JoStella Jo, last sold this property on 26 May 2025 after 13 days on market.

Overview

Investor ALERT!!!

Tucked away off queen street in the always popular Scotia Place precinct. This FREEHOLD 31sqm (more or less) one bedroom + car park will provide a HUGE return for the clever investor. Unbeatable green outlook over Myers Park - a rarity within the central city. Rental appraisal showing a whopping $500-520pw means a return well in excess of 12% on offer here. Some ongoing long term maintenance means you will be buying WELL below market value with massive scope for future gains. The 'walk to everywhere' location is second to none, sitting directly on the picturesque Myers Park. Auckland Uni, AUT, Queen St, K Road, Aotea square and many others all within a few minutes walk. This would make a great bolt hole for kids going to nearby Universities. Serious development going on nearby means you will never have a shortage of tenants or interest! Our long term owner has other plans and demands a sale. To be sold via auction on the 29th May 2025 (unless sold prior). Contact Stella or Ryan today for viewing times and further information. AUCTION: 12:30PM, Thursday 29th May 2025 (unless sold prior) LOCATION: Level 3, 246 Queen Street, Auckland Central

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
30 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 5B/8 Scotia Place is $215k.

Median value
$215k
Estimated value range
$20k - $1.3m
Median days on market
45
Estimated value trend
6%
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 5B/8 Scotia Place

2025
Sold
$130,000
26 May 2025 by Stella Jo, of Ray White Auckland Central (A T Realty Group)

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 175 reviews in Auckland Central over the last 12 months.

Local market activity for 1 bedroom apartments in Auckland Central

In the last 12 months, 216 one-bedroom apartments similar to 5B/8 Scotia Place, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Auckland Central

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Selina Zheng

Sellers who recommend Selina Zheng have praised them for being local expert, clear communication, responsive, dedicated, well-prepared, patient and supportive

  •   5   (125 reviews)
  •  34 Reviews in Auckland Central
  •  81 Sales in Auckland Central
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Habeeb Urrahman

Sellers who recommend Habeeb Urrahman have praised them for being local expert, clear communication, hard-working, reliable, dedicated, supportive and responsive

  •   5   (112 reviews)
  •  14 Reviews in Auckland Central
  •  30 Sales in Auckland Central
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Dominic Worthington

Dominic Worthington is an award winning recommended agent for Auckland Central.  They have 12 local sales and collected 16 local reviews across the last 12 months.

  •   5   (135 reviews)
  •  16 Reviews in Auckland Central
  •  12 Sales in Auckland Central
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Sharene Temple

Sellers who recommend Sharene Temple have praised them for being local expert, clear communication, supportive, responsive, hard-working, empathetic and great negotiation

  •   5   (58 reviews)
  •  15 Reviews in Auckland Central
  •  10 Sales in Auckland Central
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