136 Coates Avenue, Orakei, Auckland

Nestled in the exclusive enclave of Orakei, this 1990-built family home at 136 Coates Avenue boasts 3 bedrooms, 2 bathrooms, and 2 carparks. The residence, with a floor area of 151 square meters, features wood exterior walls and an iron roof, both in good condition. It sits on a section with an easy/moderate fall contour and is under a Cross-Lease ownership. The property's Capital Value (CV) has seen a significant increase from $1,320,000 in 2017 to $1,550,000 as of June 2021, marking a growth of 17.42%. The HouGarden AVM estimates the property at $1,440,000, while the latest sales were recorded at $1,435,000 in 2018 and $650,000 in 2013.

With a CV increase indicating a sound investment, this property is not only a haven for its residents but also holds potential for capital growth. The residence is located in a prime position, close to the eastern beaches and the amenities of Eastridge Shopping Centre, Orakei Basin Walk and Cycleway, and Orakei Bay Village.

For families with school-aged children, the property falls within the zones of Baradene College (decile 9) and Orakei School (decile 4), with Selwyn College (decile 4) also in proximity, ensuring access to quality education.

Updated on May 24, 2024