Nestled in the serene Finch Street of Morningside, Auckland, this charming 1980s residential dwelling on a cross-lease title boasts 3 bedrooms, 1 bathroom, and a single carpark. The 87sqm floor area is complemented by a well-maintained wooden exterior and an iron roof, both in good condition. The property, with its easy/moderate rise contour, is a gem waiting to be polished. Since 2017, the capital value has seen a significant increase of 33.77%, reaching $1,525,000 as of June 2021. The HouGarden AVM estimates a value of $1,515,000, while the latest sale history dates back to 1997 at $259,500, showcasing the property's potential for growth.
On the financial front, the property has appreciated steadily with a CV of $1,140,000 in July 2017 to the current $1,525,000. This impressive growth is sure to catch the eye of any savvy investor. The recent AVM and the sale history serve as a testament to the property's increasing desirability in the market.
For families with school-aged children, the property falls within the decile 8 zone for Pasadena Intermediate and Western Springs College, while Mt Albert School, Mt Albert Grammar School, Kowhai Intermediate, and Auckland Girls' Grammar School are also within reach. This educational catchment is a significant draw for those seeking top-notch education for their children.
Updated on November 08, 2024