5 Vela Place, Clarks Beach, Auckland - Franklin

Welcome to 5 Vela Place, Clarks Beach, Auckland - Franklin, a stunning 5-bedroom, 2-bathroom family home nestled on a spacious 1040 sqm freehold section. This property boasts a mix of modern and traditional materials, with mixed materials for the walls and an iron roof, both in good condition. Built in 1989, the house covers a floor area of 246 sqm and features a level property contour, making it an ideal setting for family living. The property does not include a carpark but compensates with a generous land area and a variety of outdoor features such as a concrete pizza oven, fire pit with seating under a pergola frame, and a spa pool.

Over the years, the capital value of this property has seen a significant increase, from $750,000 in July 2017 to $1,075,000 in June 2021, marking a 43.33% growth. The latest HouGarden AVM estimates the property's value at $1,057,500. Its sale history reveals a steady appreciation in value, with the latest sale recorded at $870,000 in November 2020, up from $415,000 in November 2012. This property's capital value growth and recent sales history underscore its desirability and the potential for further appreciation.

Located in a prime area, this property falls within the school zones of Rosehill College (decile 5), Waiau Pa School (decile 9), and Waiuku College (decile 6), offering excellent educational opportunities for families. Each school is renowned for its quality of education, making this property an ideal choice for families prioritizing education.

Updated on March 21, 2024.