5/40 Roslyn Terrace, Devonport, Auckland - North Shore

Nestled in the serene cul-de-sac of Roslyn Terrace, this 1960s residential gem on a cross-lease title boasts 3 bedrooms, 1 bathroom, and a carpark. The 90sqm floor area is complemented by an iron roof and concrete walls in average condition, set on a level contour. With a CV of $970,000 as of June 2021, it reflects a 29.33% increase from its $750,000 valuation in July 2017. The property features an open plan living/dining/kitchen area that leads to a large deck, an orchard, and a sizeable garden for personal enjoyment, with elevated views over Melrose Park. It's just over the hill from Devonport Village, offering both tranquility and convenience.

Recent market indicators are promising, with the HouGarden AVM valuing the property at $902,500, and the latest sale on September 11, 2020, fetching $1,125,000, a significant jump from the previous sale in May 2004 for $367,500. This is a clear sign of the property's growing capital value and investment potential.

For families, the property falls within the decile 10 zone for education, served by Takapuna Grammar School for secondary education, Belmont Intermediate, and the contributing schools Stanley Bay and Devonport. This is an opportunity to secure a home in a highly sought-after school district, offering an excellent education for your children.

Updated on June 14, 2024