5/62 Fernhill Way, Oteha, Auckland - North Shore

This property at 5/62 Fernhill Way, Oteha, Auckland - North Shore, is a Residential - Ownership home units category, featuring a spacious 190 sqm (approx) floor area on a 1/6 share of 1,669m2 land (approx) with a Cross-Lease title. The property, built in 1998, boasts poor condition roughcast walls and tiles roof, on an easy/moderate rise contour. It includes 3 bedrooms, a versatile study room convertible into a 4th bedroom, and 2 bathrooms, alongside an internal access double garage. The property has been exquisitely renovated, including a fully renovated kitchen with modern amenities like InSinkErator's Hot Taps, a heat pump, and an HRV system for optimal heating/cooling and ventilation.

The capital value of the property has seen a significant increase from $660,000 in July 2017 to $810,000 in June 2021, marking a 22.73% growth. The latest sale recorded on December 27, 2023, was at $850,000, with a HouGarden AVM of $775,000. This demonstrates the property's strong market performance and potential for future appreciation.

Located in a prime education zone, the property is zoned for top decile schools including Rangitoto College, Pinehill School (Browns Bay), Long Bay College, and Northcross Intermediate, all offering exceptional educational opportunities. Its strategic location offers easy access to Albany Westfield, Mega Center, Albany bus station, restaurants, and cafes, making it an ideal choice for families seeking convenience and quality living.

Updated on April 06, 2024.