Nestled at 11/60 Kelman Road, this exquisite 4-bedroom townhouse on a freehold title boasts a capital value of $870,000 as of June 2021. Constructed with a fibrous cement exterior and tile roofing, this 126sqm home with a 92sqm land area is a perfect blend of modern design and low-maintenance living. The property, built in 2023, is in a level contour with good wall and roof conditions. It includes a single carpark and an internal access garage, providing ample space for vehicle and belonging storage. The home is situated in a prime location, with shopping centers like Kelston and Lynn Mall mere minutes away, and a range of schools within walking distance, including Kelston Boys' High School and Kelston Girls' College. Public transport is conveniently accessible with New Lynn Train Station nearby.
As for its valuation, the property has shown a significant increase in its capital value over the years. The HouGarden AVM estimates it at $810,000, and with a history of steady growth, it presents a promising investment. The recent sales history and rapid CV increase reflect the property's escalating worth in the market.
For families with children, the school zone is a key highlight. The nearby St Leonards Road School is a contributing school with a decile rating of 3, while Kelston Intermediate and both high schools have decile ratings of 2 and 3 respectively, indicating a strong educational network in the area.
Updated on June 07, 2024