Would you pay $360 a week to live in the city centre in an apartment that is more akin to a dormitory in terms of the number of flatmates?

The Coh is a new three-storey Auckland complex that is about to be home to more than 20 adult flatmates.

The Symonds St property is being toted online as a "stylish shared living for young professionals".

It offers 22 "compact" bedrooms, alongside a high-quality shared living spaces that include a modern kitchen, movie room and rumpus room complete with table tennis.

However, with the bedrooms a mere seven square metres they're smaller than the average car park.

The Coh on Symonds St, Auckland, boasts of a modern kitchen. Photo / Supplied

There are also CCTV cameras building-wide to be mindful of.

The private bedrooms are furnished and offer a view over the city.

The much larger open lounge, kitchen and dining area is "fully equipped with everything you need to make mealtimes and socialising effortless", according to the website.

"For a quiet night in, the movie room is perfect with its cozy feel, large-screen projector and surround sound system."

The founder Ben Spence took inspiration from his shared co-living experience in San Franciso.

OneRoof editor Owen Vaughan said it was the kind of living space that would appeal to people who want to get a handle on a new city.

It might not be everyone's cup of tea - but there are people are looking for a sense of community, he said.

But while might be popular for recent arrivals to the city, but is unlikely to become a long-term housing solution, he said.

The Coh has communal living areas. Photo / Supplied