3/132a Selwyn Street, Onehunga, Auckland

Nestled in the heart of Onehunga, at 3/132a Selwyn Street, lies this charming residential unit, perfect for a starter home or a shrewd investment. Constructed in 1960 with brick walls and an iron roof, this 70 square meter, 2-bedroom, 1-bathroom home is set on level contour with an average condition roof and walls. It boasts a spacious living area, a sizeable kitchen, and a bathroom, complemented by two private, fully fenced courtyards. This cross-lease property has seen a significant increase in Capital Value (CV), rising from $650,000 in 2017 to $910,000 as of June 2021, indicating a 40% growth rate. The HouGarden AVM estimates the property at $887,500, while the latest sale history shows a sale in 2016 for $680,000 and an earlier one in 2003 for $230,000.

For families with school-aged children, the property falls within the zones of several reputable schools. Baradene College, a secondary school with a decile rating of 9, caters to Years 7-15. Royal Oak Intermediate School, with a decile rating of 2, and Onehunga High School, a secondary school with a decile rating of 3 for Years 9-15, are also within reach. Onehunga Primary School, a contributing school with a decile rating of 4, rounds off the list of educational options.

Don't miss this opportunity to secure a property in a sought-after location, with potential to add value and enjoy the benefits of a thriving community.

Updated on August 21, 2024