Nestled in the serene cul-de-sac of Maui Street, New Lynn, Auckland, this charming 3-bedroom, 1-carpark home is a gem on a cross-lease title. Constructed in the 1950s with wood walls and tiled roof, both in good condition, this property exudes a cozy, inviting ambiance. The capital value has seen a rapid increase, rising from $920,000 in July 2017 to $1,100,000 as of June 2021, indicating a growth rate of 19.57%. The property also boasts a floor area of 137 square meters and is complemented by a beautifully landscaped garden, valued at $1,025,000 by HouGarden AVM. Notably, the latest sale history includes transactions in 2014 and 2010, with respective prices of $771,000 and $430,000.
For families with school-aged children, the property falls within the zones of several reputable schools, including Kelston Intermediate and Boys' High School, Kelston Girls' College, and New Lynn School, all with varying decile ratings, ensuring a quality education is within reach. Additionally, the convenient location provides easy access to public transportation, shopping malls, and other amenities.
With its solid structure, prime location, and promising investment potential, this property is not to be missed. It's a perfect blend of comfort, convenience, and value, making it an ideal choice for both homeowners and investors.
Updated on May 24, 2024