2/43 Nihill Crescent, Mission Bay, Auckland

Nestled in the serene Nihill Crescent of Mission Bay, Auckland, this versatile family home offers a prime living experience. Constructed in 1973 with robust brick walls and tiled roofing, the property boasts 3 bedrooms, 2 bathrooms, and a carpark. It sits on a steep fall contour with a floor area of 163 square meters, operating under a Cross-Lease ownership. The government's capital value has seen a 34% increase from $1,000,000 in 2017 to $1,340,000 as of 2021, reflecting a sound investment opportunity. The HouGarden AVM estimates the property at $1,250,000, while the latest sales history shows a significant appreciation from $375,000 in 1997 to $460,000 in 2003.

With a desirable location, the property is in the zone for highly reputable schools - Baradene College (decile 9), Selwyn College (decile 4), and Kohimarama School (decile 10). The property's layout, with separate living areas on two levels, offers versatility for families, investors, or those seeking rental income opportunities. It's a rare chance to secure a piece of real estate in a sought-after neighborhood, with the added benefit of dual income potential for owner-occupiers and investors alike.

Close to Eastridge Shopping Centre, just two streets from Tamaki Drive, and within walking distance of Mission Bay's amenities and the waterfront, this property presents an enviable lifestyle. The combination of a quiet cul-de-sac, quality schools, and a robust property value growth makes this home an attractive proposition for any buyer.

Updated on May 10, 2024