29/18 Oteha Valley Road, Albany, Auckland - North Shore

Nestled in the heart of Albany, this distinctive mixed-use property at 29/18 Oteha Valley Road boasts a prime location, with close proximity to top-performing schools. Constructed in 2018 with a mix of materials for the walls and iron for the roof, this unit title property features 2 bedrooms, 1.5 bathrooms, and 2 carparks, all within a floor area of 142 square meters. The property presents a CV of $960,000 as of June 2021, showcasing a significant increase of 18.5% from its $810,000 valuation in July 2017. The latest sale was recorded at $800,000 in October 2019, while the HouGarden AVM estimates the property's worth at $950,000.

With a contour that's level and a wall and roof condition that's good, this property is not just a residential haven but also a lucrative investment opportunity. It's located within the decile 10 Albany Senior High School and the decile 9 Albany School zones, ensuring top-notch education for the family. The property's versatile layout allows for dual rental income, live-and-earn setups, or personal business ventures, making it a golden chance to enter the thriving Albany market.

Educationally, the property is served by the Albany Senior High School (Year 11-15), Albany School (Contributing), and Albany Junior High School (Year 7-10), all of which are highly rated. This combination of location, quality, and investment potential makes it an unbeatable choice for those seeking a sound property investment in the North Shore area.

Updated on November 15, 2024