4/9 August Place, Greenlane, Auckland

Nestled in the serene Greenlane, this 1-bedroom unit at 4/9 August Place boasts an iron roof and mixed-material walls, echoing the classic charm of its 1960 construction. As a cross-lease property, it offers privacy and convenience, centrally located near public transport and Cornwall Park. The interior, with a smart layout maximizing the 55sqm floor area, is ready for immediate occupation, yet holds potential for personalization. Historically, the property has seen a 24.07% CV increase from $540,000 in 2017 to $670,000 in 2021, with the HouGarden AVM valuing it at $622,500. The latest sales were in 2002 for $150,000 and 1995 for $100,000. For investors seeking prime location and excellent rental returns, this property is within the decile 9 Baradene College zone and close to Remuera Intermediate, Oranga School, Ellerslie School, and One Tree Hill College, offering both educational diversity and potential capital growth.

Updated on May 15, 2024