425 Murphys Road, Flat Bush, Auckland - Manukau

Located at 425 Murphys Road, Flat Bush, Auckland - Manukau, this property is a testament to superior design and quality, offering a great investment opportunity. This residential unit, built in 2013, features 2 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 73 square meters. The unit title ownership ensures a secure investment in a sought-after location. The property boasts concrete walls in good condition and a malthoid roof also in good condition, ensuring low maintenance. The contour of the property is described as easy/moderate fall, catering to a variety of landscaping or outdoor living ideas.

The capital value of this property has seen a significant increase, from $640,000 in July 2017 to $840,000 in June 2021, marking a 31.25% growth. This is indicative of the property's value appreciation over time. The latest sale, recorded on February 14, 2024, was at $680,000, slightly below the HouGarden AVM of $805,000, suggesting a potential bargain. The property's strategic location and quality construction have contributed to its steady capital value increase, making it an attractive option for investors.

Education is a priority for many families, and this property does not disappoint. It is zoned for several high-decile schools, including Star of the Sea School (Howick) with a decile of 9, Sancta Maria College with a decile of 7, Ormiston Senior College with a decile of 7, Mission Heights Primary School with a decile of 8, and Mission Heights Junior College with a decile of 7. These schools offer quality education from contributing to secondary levels, making this property an ideal choice for families.

Updated on April 05, 2024.