3/12 Clare Place, Mount Wellington, Auckland

Nestled in the serene locale of Mount Wellington, Auckland, the property at 3/12 Clare Place is a testament to modern living in a tranquil setting. This residential unit, part of a complex, boasts 2 bedrooms, 1 bathroom, and a single carpark, encapsulating convenience and comfort within its 51 square meter floor area. Constructed in the 1970s with fibrous cement walls and an iron roof, the unit has been maintained in good condition, both structurally and aesthetically. The property, characterized by its level contour, operates under a Unit Title ownership, offering a unique blend of privacy and community living.

The financial trajectory of this property has been noteworthy, with a capital value of $560,000 as of June 2021. Despite a slight dip to a HouGarden AVM of $547,500, the property's value rebounded impressively, with the latest sale on January 23, 2024, fetching $575,000. This indicates a robust capital value growth, reflecting the property's enduring appeal and the area's rising market trends.

Education is a cornerstone of the property's allure, situated within the zones of highly regarded schools. Baradene College, a secondary school for years 7-15, boasts a decile rating of 9, exemplifying excellence in education. Stanhope Road School, catering to full primary education, and One Tree Hill College, a secondary school for years 9-15, have decile ratings of 4 and 3, respectively, offering diverse educational opportunities for families. This property not only promises a comfortable living space but also access to quality education, making it an ideal choice for families and investors alike.