Nestled in the serene cul-de-sac of Mays Road, Onehunga, Auckland, this residential unit title property boasts a capital value that has seen a rapid increase of 28.44% since 2017. The 80-square meter floor area is complemented by 2 bedrooms, 1 bathroom, and is situated within a gated community that offers peace of mind with secure off-street parking. Constructed in 2000 with iron roofing and wood exterior walls in good condition, this home presents an affordable opportunity. The property, valued at $700,000 as per the latest government valuation, also has a HouGarden AVM of $670,000, indicating a fair market price. The top-floor bedrooms are accompanied by a spacious living area and a delightful kitchen with double glazing windows, while the fully fenced courtyard provides an easy-care and tranquil space.
With a history of solid value appreciation, this property's government valuation has risen from $545,000 in 2017 to its current figure. The recent sales history and AVM reflect a consistent growth trend, making it an attractive investment. Located minutes from the train station and bus routes, with convenient access to motorways, it's surrounded by local reserves, including Cornwall Park and One Tree Hill, offering a lifestyle that's hard to beat. The nearby Royal Oak Mall and Onehunga Dress Smart cater to all shopping needs, while the area's schools, such as Baradene College (decile 9) and Royal Oak Intermediate School (decile 2), provide an excellent education network.
For families with school-aged children, the property falls within the zones of highly regarded schools. Baradene College, a secondary school for years 7-15, and Royal Oak Intermediate School are among the top choices. Te Papapa School and One Tree Hill College also offer quality education options. This property is not just a home; it's an investment in a lifestyle that promises convenience, comfort, and community.
Updated on October 11, 2024