4/27 Piccadilly Place, Kohimarama, Auckland

Nestled in the serene cul-de-sac of Piccadilly Place, 4/27 Piccadilly Place, Kohimarama, Auckland, presents a charming residential unit. This 2-bedroom, 1-bathroom home with a single carpark is built on a cross-lease title. Constructed in 1960, the property features brick walls in good condition and an iron roof with average upkeep. The living space spans 56 square meters, while the contour of the land is an easy to moderate fall. This property has seen a significant Capital Value increase of 29.5% from $610,000 in July 2017 to $790,000 as of June 2021. The HouGarden AVM estimates the property's value at $760,000, and the latest sales were recorded at $632,000 in August 2018 and $350,000 in June 2010.

For families, the property falls within the decile 10 Kohimarama School and is in close proximity to Baradene College (decile 9) and Selwyn College (decile 4), ensuring top-notch education for all ages. Investors should note the immense potential for returns, especially with the absence of Body Corporate fees and the convenience of the location, just a 10-minute walk to Kohimarama Beach and a short drive to Eastridge Shopping Centre and Mission Bay.

Whether you're looking to take your first step on the property ladder or downsize, this home offers an impeccable combination of comfort, convenience, and investment opportunity.

Updated on October 22, 2024