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37 Federal Street, City Centre

Written by Apartment Specialists on . Posted in This is a Property.

Hero | 37 Federal Street, City Centre | Apartment Specialists
37 Federal Street, City Centre
  • This location has been autonomously mapped, it may not be exact.
37 Federal Street, City Centre
$465,000
1
1
1
45m2

Concrete Gold on The Square

St Patrick’s Square is the CBD’s quietest secret—a European-style cathedral green that feels worlds away from the city noise. Yet, sitting right on its edge is Madison on the Square, a solid 1970s commercial block converted in 1994. It offers a specification that is virtually extinct in today’s market: a one bedroom apartment with a secure car park.

At 45m², this residence is a masterclass in efficiency. It is a strategic foothold, offering a freehold title, a storage locker, and that crucial parking space—a combination that explains why a one bedroom unit hasn't traded here since 2021. It was built with the kind of concrete bones and acoustic solidity that modern lightweight builds often lack.

The location value is undeniable. You have the immediate peace of the square as your front yard, yet you are just metres from the new Te Waihorotiu CRL Station, the NZICC Convention Centre, and the commercial powerhouse of downtown. It is a "suit-and-tie" location during the week and a lifestyle precinct on the weekend.

This is not a "character" romance; it is a high-performance asset. Whether for a sharp investor or a professional needing a seamless city base, the logic here is bulletproof.

Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.
Facts & Features
Title Type
Freehold
Rates
$1859.35
Rental Appraisal
$550-$600 /week
Estimated Net ROI
4.36%
Pets
No Pets
Hayden Peters | 37 Federal Street, City Centre | Apartment Specialists
Alastair Kain | 37 Federal Street, City Centre | Apartment Specialists

Alastair Kain




Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).

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    This location has been autonomously mapped, it may not be exact.
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    37 Federal Street, City Centre

    $465,000