B9/71 Spencer Road, Oteha, Auckland - North Shore

Nestled in the heart of Oteha, Auckland, on Spencer Road, this sunny apartment boasts an unbeatable view and a convenient lifestyle. Constructed with solid concrete in 2007, it features 2 bedrooms, 1 bathroom, a separate laundry, and a car park, complemented by additional visitor parking. The living space extends to a sun-kissed, full-width balcony, and a flexible bedroom that can be transformed into additional living area. With a CV of $610,000 as of June 2021, it has seen a growth of 45.24% since July 2017. The property is a Unit Title and offers a worry-free investment with no maintenance required. It's located in a prime position, close to universities, shopping malls, amenities, and transport links, including bus stations and motorway access. Double zoned for esteemed Rangitoto College and Long Bay College, as well as Northcross Intermediate, with Pinehill School just across the street, it's an ideal choice for families seeking top-notch education. Currently rented for $460 per week, this property also comes with a Body Corp fee of $2,775.57 per year and rates of $1,372.76 per year.

As for the valuation, the HouGarden AVM estimates it at $602,500, and the latest sale history includes transactions in September 2024 for $563,000 and May 2020 for $520,000. This apartment complex is a gem in a quiet cul-de-sac, with an iron roof and concrete walls in good condition, offering both a solid investment and an easy living experience.

Education-wise, the property falls within the catchment area of highly rated schools, including Long Bay College (decile 10), Northcross Intermediate (decile 10), Pinehill School (Browns Bay, decile 10), and Rangitoto College (decile 10), ensuring the best for your children's educational journey.

Updated on November 07, 2024