Nestled in the esteemed Farm Cove of Auckland, this charming 1970s freehold residence boasts a brick exterior and a tiled roof, set on a levelled 725sqm plot. The 190sqm floor area encompasses four bedrooms and is complemented by two car parks. The property, with a current Capital Value (CV) of $1,900,000, has seen a rapid increase of 26.67% since 2017, reflecting its growing worth. The CV alone is a testament to the potential this home holds, especially considering the HouGarden AVM estimates it at $1,822,500, while the latest sale in 1985 was for $168,000.
With a CV history that speaks volumes about investment growth, this property is not just a home but a sound financial decision. The recent valuation surge and the AVM estimates indicate a promising future for capital gains. Moreover, the property's condition is good both in walls and roof, offering a solid foundation for any value-adding endeavors.
Educationally, the property falls within a highly-rated school zone. Sancta Maria College, a secondary school with a decile rating of 7, and Sunny Hills School, a full primary with a decile rating of 9, are among the fine educational institutions in the area. This, coupled with the convenience of being in close proximity to the sea and the Rotary waterfront walkways, makes it an ideal choice for families seeking a quality lifestyle.
Updated on April 12, 2024