1/35 Velma Road, Hillcrest, Auckland - North Shore

Introducing the charming front unit at 1/35 Velma Road, Hillcrest, Auckland - North Shore, a perfect blend of comfort and convenience. This property features 2 bedrooms, 1 bathroom, and a single garage, making it ideal for small families or couples. Built in 1978 with a floor area of 80 sqm, the unit boasts a brick exterior and tile roofing, both in average condition. The property is a Cross-Lease with an easy/moderate fall contour, offering a cozy home with an open plan dining area, standard kitchen appliances, and ample outdoor space on a land area of 913 sqm. Its northerly aspect ensures plenty of natural light, complemented by urban views and close proximity to amenities.

Over the years, the property has seen a significant increase in capital value, from $650,000 in July 2017 to $800,000 in June 2021, marking a 23.08% growth. The HouGarden AVM estimates its value at $790,000. This unit represents a solid investment opportunity, reflecting the area's desirability and the property's potential for future development.

Located in a sought-after school zone, the property offers access to several reputable schools, including Marlborough School, Sunnybrae Normal School, Northcote Intermediate School, Northcote College, Westlake Boys' High School, Takapuna Normal Intermediate, Westlake Girls' High School, and Glenfield Intermediate School, all with decile ratings ranging from 6 to 9. This ensures a quality education for residents, making it an even more attractive option for families.

Updated on March 21, 2024.