4/340 Hillsborough Road, Hillsborough, Auckland

Nestled in the serene Hillsborough, this 1-bedroom, 1-bathroom unit with a study is a charming residence perfect for first-home buyers, those looking to downsize, or as a lucrative investment. Constructed in 1960 with wood walls in good condition and an iron roof in average condition, this cross-lease property sits on a steep fall with million-dollar bush and harbour views from the lounge and balcony. The property has seen a significant Capital Value increase of 27.45% from $510,000 in 2017 to $650,000 as of June 2021. The latest sales were recorded at $500,000 in 2016 and $420,000 in 2015, while the HouGarden AVM estimates the value at $632,500. Zoned for the reputable Mt Roskill Grammar (Decile 4), Waikowhai Intermediate (Decile 5), and Waikowhai School (Decile 2), this home is not just a place to live but an opportunity to invest in a prime location with easy access to public transport, the Airport Motorway, and nature's escapes.

With a recent renovation enhancing the combined kitchen and dining area, this unit is part of a meticulously maintained block of just 6 units, boasting manicured common gardens and a single car park. It's a home that invites you to leave your mark and fall in love with the view. If you're seeking a central location that offers both convenience and natural beauty, this property is an opportunity not to be missed.

Updated on August 21, 2024