3/48 Turama Road, Royal Oak, Auckland

Nestled in the serene cul-de-sac of Turama Road, this 1988-built residential dwelling boasts a solid brick exterior and a tiled roof, both in good condition. It offers a practical floor area of 115 square meters and is governed by a Cross-Lease title. With a recent Capital Value (CV) of $1,675,000 as of June 2021, this property has seen a notable increase of 38.43% from its previous CV of $1,210,000 in July 2017.

According to HouGarden's AVM, the property is valued at $1,630,000, while the latest sale records from 2002 and 1997 indicate stable growth. This is an ideal investment opportunity, as the committed vendors are moving to a retirement home. The location is convenient, with easy access to the Royal Oak Shops and Cornwall Park, offering an unmatched lifestyle.

For families with educational concerns, this property falls within the zones of highly regarded schools such as Baradene College (Decile 9) and Royal Oak School (Decile 8), ensuring quality education options. With three bedrooms and a bathroom, this home provides comfortable living, perfect for first home buyers, investors, or those looking to downsize.

Updated on August 01, 2024